Shaw and Partners appointed Lead Manager for the Lincor Limited IPO News20 Oct 2016

Shaw and Partners has been appointed Lead Manager of a $30 million IPO, seeking to list a new health software company, Lincor Limited on the ASX. 


United States-based Lincor Inc and ASX-listed Hills, recently announced their proposal to merge their respective Australian health technology businesses to create Lincor Limited.


The two companies are well known to one another. Hills have been distributing Lincor Solutions' patient engagement technology since 2014, and currently service a number of local hospitals.


Chris Cashwell, the existing CEO of Lincor Solutions will retain his role as CEO, leading the business, while Gareth Turner, current CFO of Hills is in line to take the CFO position of the merged firm. 


It is expected that both Hills and Lincor Inc will retain ownership share as part of the listing. 


For more information on the deal, please contact your local Shaw and Partners office

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