Paycor HCM, Inc.

Paycor HCM, Inc. (PYCR) priced its initial public offering on Jul 22, 2021 at $23.00 per share, raising $425.5M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $3.94B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, Jefferies and Credit Suisse and others. Kirkland & Ellis advised the company and Simpson Thacher advised the underwriters.

Paycor HCM, Inc. provides a cloud-native software-as-a-service platform for human capital management for small and medium-sized businesses. Its suite covers HCM and payroll workflows and regulatory compliance, and serves as the system of record for employee data.

Status

IPO

Ticker

PYCR

Exchange

Nasdaq Global Select

Priced

Jul 22, 2021

IPO price

$23.00

Raised

$425.5M

Market cap at IPO price

$3.94B

First filed

Apr 26, 2021

Underwriters

Goldman Sachs, J.P. Morgan, Jefferies, Credit Suisse, Deutsche Bank, Baird, TD Cowen, Citizens JMP, Needham, Raymond James, Stifel and Truist

Company counsel

Kirkland & Ellis

Underwriters' counsel

Simpson Thacher

Sector

Technology

Country / state

OH

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