Rutgers & Posch and White & Case advised MotorK, a leading automotive sales and marketing technology company, on its successful IPO on Euronext Amsterdam.
MotorK raised EUR 75 million in an offering to qualified investors in Europe and the US. The net proceeds of the IPO will be used to increase R&D spending, invest in sales and marketing and to support the acquisition strategy of MotorK.
Berenberg and ABN AMRO Bank acted as underwriters.
MotorK participated in the Euronext pre-IPO TechShare program. Also this year, Rutgers & Posch will be a partner of this successful pre-IPO program in the Netherlands.