Tasmea has mandated Shaw and Partners, Morgans and Unified Capital Partners as joint lead managers for an IPO of about $50 million.
Already a subscriber?Perth-based Tasmea, an engineering and trade services provider whose client book features the likes of BHP, is ready for its run at the ASX boards.
Fund managers know the business well, following a pre-IPO round in October. Tasmea has 1300 employees providing engineering services for companies in resources, oil and gas, infrastructure in WA and SA. In addition to BHP, its client list includes Santos, Rio Tinto, OneSteel and Sydney Water. Founder Stephen Young owns just under 50 per cent of the business.
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