British law firm DWF plans to secure about 75 million pounds ($97.2 million) in its initial public offering (IPO) on the London Stock Exchange's Main Market.
DWF intends to use the proceeds from the offering to repay some of its members' investment, to infuse in infrastructure, and for potential purchases in the future.
The company intends to publish a prospectus following a marketing and bookbuild process, in which it will reveal more financial details of the offering including an offer price.
Annually, DWF generates approximately $269.4 million in revenue.