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Another 11th-hour acquisition hits 2017 IPO activity

MSR

Mauser Group was taken out on Tuesday, the day before its scheduled pricing and just two weeks after tech unicorn AppDyanmics sold itself on the eve of its IPO date. Acquisitions rarely occur after companies decide to begin IPO marketing, but these recent cases highlight a lingering hesitancy to go public, and a strong M&A market continues to offer an alternative. Last week, CBS...read more

Terminal: PointClickCare, a senior care SaaS provider, withdraws IPO

PCLK

PointClickCare, which provides cloud-based software management solutions for long-term care facilities, withdrew its plans for an initial public offering on Wednesday. It originally filed in September 2015 and last updated in June 2016. The Ontario, Canada-based company was founded in 1995 and booked $133 million in sales for the 12 months ended January 31, 2016. It had planned...read more

Head in the cloud: PointClickCare files for a $100 million IPO

PCLK

PointClickCare, which offers cloud-based software management solutions for long-term care facilities, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. The Ontario, Canada-based company, which was founded in 1995 and booked $113 million in sales for the 12 months ended April 30, 2015, plans to list on the Nasdaq under the symbol PCLK....read more

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