International legal practice Osborne Clarke has advised Investec Bank plc on the successful £70 million placing for AIM quoted Blue Prism Group plc, a global leader in robotic process automation.

The fundraising comprised a primary placing by Blue Prism to raise £40 million to accelerate its global growth and a secondary placing by certain selling shareholders to raise £30 million.

The Osborne Clarke team that advised on the transaction was led by Partner Jonathan King who was assisted by Senior Associate Ed Nisbet.

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