Mourant Ozannes has acted as Jersey counsel to Mimecast Limited on its successful IPO on NASDAQ. Mimecast Limited, the parent of the Mimecast Group, is incorporated in Jersey.
The email security group was valued at US$540 million based on the IPO price. Mourant Ozannes also advised Mimecast on its pre-IPO group restructuring.
The Mourant Ozannes' team advising Mimecast was led by Partner James Hill, Senior Associate Jon Woolrich and Associate Jamie Wisbey.
Mimecast is the first US IPO by a Jersey company since Jersey introduced legislation specifically designed to facilitate US listings.
Mimecast was advised by Taylor Wessing LLP as to English law and Goodwin Procter LLP as to US law.