Apptio – $110 Million IPO
San Francisco – October 10, 2016 – Cooley advised the underwriters on Apptio’s $110.4 million initial public offering. The company now trades on The NASDAQ Global Market under the symbol “APTI.”
Apptio provides technology business management solutions. Its cloud-based platform and SaaS applications enable IT leaders to analyze, optimize and plan technology investments, and to benchmark their financial and operational performance against peers.
Goldman Sachs, JP Morgan and BofA Merrill Lynch acted as joint lead bookrunners for the offering, while Barclays Capital, Jefferies, RBC Capital Markets and Pacific Crest Securities, a division of KeyBanc Capital Markets, acted as bookrunners.
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