Thoma Bravo-Backed SailPoint’s IPO Raises $1.38 Billion
SailPoint Inc. and a group of shareholders including its main backer, Thoma Bravo, raised $1.38 billion in an enlarged initial public offering for the enterprise security software company, pricing shares at the top of a marketed range.
Cybersecurity firm SailPoint's IPO raises $1.38 billion in US stock market return
SailPoint priced its New York initial public offering at the top-end of its marketed range of $21-$23 on Thursday, raising $1.38 billion for the identity security firm and the selling stockholder. The Austin,
SailPoint to debut on Nasdaq, raises $1.38B in IPO
Cybersecurity company SailPoint Technologies (SAIL) is set to begin trading on the Nasdaq (^IXIC) on Thursday after pricing its IPO (Initial Public Offering) at $23 per share, raising $1.38 billion. SailPoint,
Buyout group Thoma Bravo set for $4bn windfall after SailPoint IPO
Thoma Bravo used about $6bn of its investors’ cash to buy SailPoint. In December 2024, it invested a further $600mn to pay down SailPoint’s debt in an effort to increase the company’s appeal to shareholders. The deal raised Thoma Bravo’s overall equity investment to $6.6bn.
Cybersecurity firm SailPoint sets sights on $12.6 billion valuation in US IPO
Cybersecurity firm SailPoint said on Tuesday it is now seeking a valuation of up to $12.57 billion in its U.S. initial public offering, signaling strong demand for the year's first major test of investor appetite for tech stocks.
Austin cybersecurity co. SailPoint raises $1.38B in IPO
Austin-based identity security company SailPoint Inc. went public Feb. 13 and raised about $1.38 billion in an initial public offering that grew in price in recent days, Bloomberg reported. That came a day after the company announced the pricing of its upsized IPO of 60 million shares of its common stock at a public offering price of $23 per share.
SailPoint's Tepid Market Return Amid Cybersecurity Demand Spike
SailPoint, valued at $12.8 billion, debuted its stock at $23 per share, reflecting a cautious return to the market. The identity security firm's IPO comes amid soaring cybersecurity demand due to rising global threats.
Cybersecurity firm SailPoint raises $1.38 billion in US IPO
SailPoint priced its New York initial public offering at the top-end of its marketed range of $21-$23 on Thursday, raising $1.38 billion for the identity security firm and the selling stockholder. (This story has been corrected to remove an extraneous word in the headline) (Reporting by Arasu Kannagi Basil and Pretish M J in Bengaluru;
Cybersecurity firm SailPoint prices $1.38B IPO at $23 per share
Texas-based cybersecurity company SailPoint (SAIL) priced its upsized IPO of 60M shares at a public offering price of $23.00 per share. The offering consists of 57.5M shares to be issued and sold by SailPoint and 2.
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SailPoint Prices Upsized IPO at $23 Per Share, Begins Trading on Nasdaq Under 'SAIL'
SailPoint's IPO aims to raise funds for debt repayment, equity settlements, advisory fees and general corporate purposes, ...
Cybersecurity firm SailPoint returns to markets as the first major tech IPO of the year
SailPoint execs await the stock's first trade at the Nasdaq on its IPO day Thursday. · Brian Sozzi. The identity management ...
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SailPoint Completes IPO, Boosting Fundraise To $1.32B
Identity security firm SailPoint became the second cybersecurity vendor to go public since 2021 with the completion of its IPO Thursday.
SailPoint IPO Is Said to Be More Than 20 Times Oversubscribed
SailPoint Inc. is guiding prospective investors that its initial public offering has received orders for more than 20 times ...
SailPoint CEO talks company's IPO, regulation under Trump
SailPoint Technologies (SAIL) will debut on the Nasdaq via an IPO (Initial Public Offering) on Thursday, raising $1.38 ...