Enterprise software firm Informatica eyes nearly $9bn valuation in U.S. IPO

Enterprise software firm Informatica eyes nearly $9bn valuation in U.S. IPO
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Updated 18 October 2021

Enterprise software firm Informatica eyes nearly $9bn valuation in U.S. IPO

Enterprise software firm Informatica eyes nearly $9bn valuation in U.S. IPO
  • The company said it will be selling 29 million shares priced between $29 and $32 per share

Enterprise software developer Informatica Inc said on Monday it was seeking a valuation of up to $9 billion at the top end of its price range in its U.S. initial public offering.


The company said it will be selling 29 million shares priced between $29 and $32 per share. At the top end of that range, the IPO will rake in $928 million in proceeds.


Redwood City, California-based Informatica, which follows a subscription-based model, was taken private by a consortium that included private equity firm Permira Advisers Ltd and Canada Pension Plan Investment Board.


Goldman Sachs & Co and J.P. Morgan are the lead underwriters for the IPO.