Xero 2012, 2009, 2007

IPO and subsequent capital raisings

  • Cameron Partners acted as the sole financial advisor to Xero in 2007 to lead the IPO of a start-up online accounting software business on the NZX. NZ$15m was raised at a post-money valuation of NZ$55m
  • Cameron Partners further advised Xero on its NZ$29m capital raising in 2009, and an NZ$25m raise in 2012
  • Xero now has a market cap in excess of $2.5 billion. Xero is the leader in small business accounting in New Zealand, Australia and the UK and is now listed on the ASX
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