IPO News Archive
Medical record IT provider HealthPort sets IPO terms

10/21/09


HealthPort, which provides electronic medical record transmission services for hospitals and health systems, announced terms for its IPO on Wednesday. The Alpharetta, GA-based company plans to raise $90 million by offering 6.0 million shares at a price range of $14.00 to $16.00. At the mid-point of the proposed range, HealthPort will command a market value of $338 million. HealthPort, which was founded in 2007 and booked $285 million in sales over the last 12 months, plans to list on the NASDAQ under the symbol HPRT. Deutsche Bank, William Blair are the lead underwriters on the deal.

View IPO Profile: HPRT         
Source: www.RenaissanceCapital.com
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