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The Market Herald advised on multimillion-dollar deal
Clayton Utz has advised The Market Herald on its Entitlement Offer to raise approximately $15.5 million.
Emma Musgrave
Firm: Clayton Utz (The Market Herald).
Value: $15.5 million.
Area: Corporate.
Key players: The Clayton Utz team was led by corporate partner Mark Paganin and senior associate William Davies, with support from lawyers William Colreavy, Victoria Bandurski and Matthew Ledger.
Canaccord Genuity has been appointed Lead Manager and Underwriter.
Deal significance: The Market Herald is an ASX-listed digital business and investor relations platform services provider.
According to a statement from Clayton Utz, funds raised in this deal will be used to pay down debt associated with The Market Herald Ltd’s acquisition of Gumtree, Carsguide and Autotrader — a transaction on which the firm also advised.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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