Datto Holding Corp, a Norwalk enterprise-grade software creator, has filed Form S-1 Registration Statement on September 29, 2020 with the U.S. Securities and Exchange Commission to raise up to $100 million IPO. Pricing terms are yet to announce. Sources estimate the total proceeds raised would up to $400 million.
The company is a provider of cloud-based software and technology solutions purpose-built for delivery through the managed service provider channel to small and medium businesses.
The Norwalk, Connecticut-based company was founded in 2007 and booked $493 million in sales for the 12 months ended June 30, 2020. It plans to list on the NYSE under the symbol “MSP.” Morgan Stanley, BofA Securities, Barclays, Credit Suisse, Citi, Jefferies, RBC Capital Markets, Evercore ISI, BMO Capital Markets, and Macquarie Capital are underwriters of the IPO.
The company engages Kirkland & Ellis LLP as US Securities Counsel, and Ernst & Young LLP as Independent Auditor.
#ipo #NYSE #EY #software #datto #smallmediumenterprise
Hexcellence Consulting has experienced IPO consulting team focus on listing in US Stock Market,
namely NYSE, Nasdaq and OTC Markets.
Should you interested to list your company in US Stock Market,
please contact us at [email protected].
