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IBEX Holdings postpones $60 million IPO

March 28, 2018
IBEX

IBEX Holdings, which provides outsourced customer support and marketing services, postponed its IPO on Wednesday. It had filed to raise $60 million by offering 4 million shares at a price range of $14 to $16.

The Hamilton, Bermuda-based company was founded in 2004 and booked $353 million in sales for the 12 months ended December 31, 2017. It had planned to list on the Nasdaq under the symbol IBEX. Baird, Piper Jaffray, William Blair and SunTrust Robinson Humphrey were set to be the joint bookrunners on the deal.