Akerman Senterfitt announced today that it represented MiX Telematics Limited (MIXT), a leading global provider of vehicle management solutions delivered as software-as-a-service, in connection with the company's $115 million initial public offering of 7,240,512 registered American Depositary Shares (ADS) in the United States. The shares were listed on the New York Stock Exchange (NYSE) on August 9, 2013. As a company in South Africa, MiX Telematics shares are also publicly traded on the Johannesburg Stock Exchange (MIX).
The team was led by Kenneth Alberstadt, chair of Akerman's Securities Practice. Carlos Mendez-Penate, co-chair of the firm's Latin America & the Caribbean Practice Group, and Wayne Wald, the Corporate Practice Group leader in Akerman's New York office, were also members of the Akerman team, as well as Palash Pandya, William Sullivan, Peter Salomon, Mark Passler, John Lee, Dalia De Leon, and Ian Minkin.
The team joined MiX Telematics in the bell ringing ceremony on the NYSE floor to commemorate the company's IPO.
Akerman is recognized by U.S. News - Best Lawyers as a leading U.S. law firm for Corporate, M&A, Private Equity, Securities/Capital Markets, and Securities Regulation Law. In addition, Akerman's Corporate Practice Group is recognized by The Legal 500 within the National Firms - Middle Market category and is ranked #1 by Chambers USA for Corporate/M&A & Private Equity in Florida. Akerman's Corporate Practice Group advises public and private companies, including private equity funds, in mergers & acquisitions, securities offerings, financings and other transactional matters, with a strong focus on the middle market.
About Akerman Senterfitt
Akerman is a leading transactions and trial law firm known for its core strengths in middle market M&A, within the financial services and real estate industries, and for a diverse Latin America practice. With more than 550 lawyers and government affairs professionals and a network of 19 offices, it is ranked among the top 100 law firms in the United States by The National Law Journal NLJ 350 (2013). Akerman also is ranked among the top 100 law firms for diversity by MultiCultural Law magazine (2012) and recognized as the Law Firm of the Year for Diversity – South by Benchmark Litigation (2012). More information can be found at akerman.com or twitter.com/akerman_law.