BSY News

September activity remained high as 11 IPOs and eight SPACs went public this past week. The IPO market shows no signs of slowing with eight IPOs and 18 SPACS submitting initial filings. Prescription drug price comparison platform GoodRx (GDRX) priced well above the range to raise $1.1 billion at a $14.2 billion market cap. The company provides one of the...read more

Bentley Systems, which provides software for construction and infrastructure projects, raised $237 million by offering 10.8 million shares at $22, above the revised range of $19 to $21. The company had originally filed with a price range of $17 to $19. Bentley Systems plans to list on the Nasdaq under the symbol BSY. Goldman Sachs, BofA Securities and RBC Capital Markets acted as...read more

Bentley Systems, which provides software for construction and infrastructure projects, raised the proposed deal size for its upcoming IPO on Tuesday. The Exton, PA-based company now plans to raise $215 million by offering 10.8 million shares at a price range of $19 to $21. The IPO float is just 4.1% of the basic shares outstanding, or 3.3% after indicated buying. The...read more

In another busy week for the September IPO market, eight IPOs are scheduled to raise $2.0 billion, led by prescription drug marketplace GoodRx Holdings (GDRX).  The largest deal of the week, GoodRx (GDRX) plans to raise $900 million at an $11.2 billion market cap. The company operates in the large prescription drug...read more