PointClickCare, which provides cloud-based software management solutions for long-term care facilities, withdrew its plans for an initial public offering on Wednesday. It originally filed in September 2015 and last updated in June 2016.
The Ontario, Canada-based company was founded in 1995 and booked $133 million in sales for the 12 months ended January 31, 2016. It had planned to list on the Nasdaq under the symbol PCLK. J.P. Morgan, Goldman Sachs and RBC Capital Markets were set to be the joint bookrunners on the deal.
