IBEX Holdings, which provides outsourced customer support and marketing services, withdrew its plans for an initial public offering on Thursday after postponing its IPO earlier this year. 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 revenue 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.
