September 22, 2023
Doyle's Guide

G+T act on $215 million iSelect IPO

Peter Cook, gilbert + Tobin
Peter Cook, Gilbert + Tobin

Gilbert + Tobin has advised the issuer, iSelect, on its $215 million initial public offering at $1.85 per share, which implies a market capitalisation for iSelect of approximately $480 million.

Shares in the online-driven comparison company, iSelect, are scheduled to begin trading on the Australian Securities Exchange on 24 June 2013 (on a deferred settlement basis).

Lead partner on the transaction, Peter Cook, commented on the transaction “It was a pleasure to have worked with iSelect, and the underwriters Credit Suisse and Baillieu Holst and the other advisors on such a significant transaction that sets iSelect on its next phase of development and growth.

Corporate Advisory partners Peter Cook and Neil Pathak led the team and were supported by partner Ben Macdonald and lawyers Adam D’Andreti, Sarah Duerdoth, Roisin Kennedy and Sophie Gowland as well as support from lawyers across the firm.

In a challenging market, the Gilbert + Tobin corporate team has been involved in some of the largest IPOs  and capital markets transactions in the past 12 months including the IPOs of Virtus Health Limited and Calibre Group as well as the iSelect  transaction, reflecting our position as one of  Australia’s leading capital markets legal teams.

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