Oliver McGlashan

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Endava – $146 Million IPO

September 10, 2018

Cooley advised Endava on its $145.8 million initial public offering of 7,291,000 American Depositary Shares, each representing one Class A ordinary share of Endava, including the full exercise of the underwriters’ option to purchase additional shares. Partners Nicole Brookshire and Darren DeStefano led the Cooley team advising the company on this dual-class IPO.

Morgan Stanley, Citigroup Global Markets, Credit Suisse Securities and Deutsche Bank Securities acted as joint book-running managers for the offering. Cowen and Company and William Blair & Company acted as co-managers for the offering.

Endava, which now trades on the New York Stock Exchange as “DAVA,” is a leading next-generation technology services provider that helps accelerate disruption by delivering rapid evolution to enterprises.

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Related contacts

Darren DeStefano
Partner, Reston
Richard Segal
Partner, New York
Madison Jones
Partner, Washington, DC
Oliver McGlashan
Associate, London
Andrew Love
Associate, London

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