Hansen Technologies completes a US$24.3m block trade
August 2023 — Andrew Hansen has completed a US$24.3 million block trade of seven million shares in Hansen Technologies (ASX:HSN).
Hansen Technologies is an ASX-listed global software and services provider to the energy, water/utilities and telecommunications industries. The company designs and implements industry-specific software that enables energy and communications service providers to bring products to market and engage meaningfully with customers.
The share sale was decided in response to strong investor demand received following the release of the company’s FY23 results on 23 August 2023 and enables supportive investors to establish a sizeable position in Hansen in addition to enhancing the stock’s liquidity and free float.
Our role in the transaction
Oaklins’ team in Australia acted as broker to Andrew Hansen to manage the sale of seven million shares in Hansen Technologies (ASX:HSN) held by the family, following the company reporting its FY23 results.
Talk to the deal team
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn moreMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn more