Press Releases

Kemp Little advises investors on their $1 million investment in Reporo Limited

june 2005

City Law firm, Kemp Little LLP, advised a syndicate of private investors on the $1 million financing of Reporo Limited.

Reporo has developed a secure, fast and simple to use mobile handset shopping environment (www.reporo.com) and has already signed up great brands such as Boots, CDWOW, Flowers Direct and will shortly be launching the service with two leading travel brands.

Siobhan McElhinney, corporate partner at Kemp Little, said "We were introduced to the deal by Clarity Capital Partners Limited who advised Reporo on the funding process and successfully brought to the table a strong and supportive investor base. The whole transaction was tightly managed which is key to fundraisings of this nature. We continue to strive to provide excellent, responsive, focused and proportionate advice as demanded by dynamic and fast growing companies and their investors. We enjoy working with Clarity and the management team at Reporo, who are committed, enthusiastic and driven".

John Bolitho of Clarity Capital Partners Limited said: 'It was a pleasure to work again with Siobhan and her team who were very professional and worked closely with the investor group to ensure the deal was kept to a tight timetable and the important legal issues were identified and dealt with early on in the transaction.'

Siobhan McElhinney and Sarah Seddon at Kemp Little advised the investor group and Orchard solicitors represented Reporo.

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For further information, please contact:

Kemp Little LLP
Siobhan McElhinney (020) 7710 1628
email: siobhan.mcelhinney@kemplittle.com
http://www.kemplittle.com

Penrose
Shona Prendergast (020) 7786 4884
email: shonap@penrose.co.uk

Kemp Little LLP is a specialist City law firm dedicated to commercial, corporate, employment and regulatory legal work for business and technology clients.

The firm's core attributes are:

transparency in service delivery: the firm launched the first client WIP (work in progress) extranet to enable clients to see real time 'what's on the clock'
innovation in legal service: Kemp Little is the first UK law firm LLP
technical excellence: Kemp Little was named Technology Team of the Year at the prestigious Legal Business awards
an entrepreneurial approach: the practice is the only law firm to be named in Real Business' survey of promising younger businesses, '50 to watch'.

Kemp Little works with private and public sector organizations of all sizes. With smaller businesses, the practice emphasises its entrepreneurial approach. With larger organizations, the firm frequently works with corporate counsel as an outside extension of the in house team.