Dynatrace, Inc.

Dynatrace, Inc. (DT) priced its initial public offering on Aug 1, 2019 at $14.00 per share, raising $569.8M, and listed on NYSE. At the IPO price its market capitalization was about $3.86B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, Citigroup and Barclays and others. Goodwin Procter advised the company and WilmerHale advised the underwriters.

Dynatrace, Inc. offers a software intelligence platform built for enterprise cloud environments. It uses artificial intelligence and automation to report on application performance, hybrid cloud infrastructure and user experience, serving more than 2,300 customers in over 70 countries across industries such as banking, insurance and retail.

Status

IPO

Ticker

DT

Exchange

NYSE

Priced

Aug 1, 2019

IPO price

$14.00

Raised

$569.8M

Market cap at IPO price

$3.86B

First filed

Jul 5, 2019

Underwriters

Goldman Sachs, J.P. Morgan, Citigroup, Barclays, Jefferies, RBC Capital Markets, UBS, KeyBanc, William Blair, Canaccord Genuity, Citizens JMP and Macquarie

Company counsel

Goodwin Procter

Underwriters' counsel

WilmerHale

Sector

Technology

Country / state

MA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.