iCIMS Holding, which provides a cloud-based enterprise recruiting software platform, withdrew its plans for an initial public offering on Friday. It originally filed in August 2021 with a proposed deal size of $100 million. It was recently reported that the company had opted to scrap its IPO plans in favor of private funding.
The Holmdel, NJ-based company was founded in 2000 and booked $265 million in revenue for the 12 months ended June 30, 2021. It had planned to list on the Nasdaq under the symbol TLNT. Morgan Stanley, J.P. Morgan, Citi, Barclays, Credit Suisse, Baird, Needham & Co., Oppenheimer & Co., and Stifel were set to be the joint bookrunners on the deal.
