Slaughter and May is advising Videndum on its capital raising

Slaughter and May is advising Videndum plc, a leading global provider of premium branded hardware products and software solutions to the content creation accessory industry, on its firm placing, placing and open offer to raise gross proceeds of approximately £125 million, as announced on 20 November 2023.

Videndum intends to use the net proceeds from the capital raising to reduce leverage, and believes this will provide it with a balanced capital structure to enable the delivery of its strategy and to generate future shareholder value.

Slaughter and May is advising Videndum as a combined team with Cravath, Swaine & Moore LLP, who advised on matters of US law.