EVCM News

In the US IPO market’s busiest week since 2004, 19 IPOs raised nearly $10 billion, led by Chinese ride-hailing giant DiDi Global (DIDI). The second largest IPO of the year, DiDi (DIDI) upsized and priced at the high end to raise $4.4 billion at a $70.4 billion market cap. DiDi is China’s dominant ride-hailing app, with 15...read more

EverCommerce, which provides SaaS solutions to SMBs for business and customer management, raised $325 million by offering 19.1 million shares at $17, the midpoint of the $16 to $18 range. New investor Hedosophia had indicated an interest in purchasing up to $75 million of EverCommerce's IPO (23% of the deal), and Silver Lake planned to invest $75 million in a concurrent private...read more

17 IPOs are slated to raise $9.1 billion in the week ahead, led by long-awaited Chinese ride-hailing giant DiDi Global (DIDI). DiDi (DIDI) plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue...read more

EverCommerce, which provides SaaS solutions to SMBs for business and customer management, announced terms for its IPO on Wednesday. The Denver, CO-based company plans to raise $325 million by offering 19.1 million shares at a price range of $16 to $18. New investor Hedosophia intends to purchase $75 million worth of shares in the offering. The company also plans to raise an...read more