Powerschool Holdings, Inc.

Powerschool Holdings, Inc. (PWSC) priced its initial public offering on Jul 29, 2021 at $18.00 per share, raising $710.5M, and listed on NYSE. At the IPO price its market capitalization was about $3.47B. Goldman Sachs was lead-left underwriter, joined by Barclays, Credit Suisse and UBS and others. Kirkland & Ellis advised the company and Fried Frank advised the underwriters.

PowerSchool Holdings, Inc. provides unified technology for the K-12 education ecosystem, serving schools, school districts, educators, students and families. It aims to help administrators and teachers use digital tools to support student opportunity.

Status

IPO

Ticker

PWSC

Exchange

NYSE

Priced

Jul 29, 2021

IPO price

$18.00

Raised

$710.5M

Market cap at IPO price

$3.47B

First filed

Apr 6, 2021

Underwriters

Goldman Sachs, Barclays, Credit Suisse, UBS, BofA Securities, Jefferies, Macquarie, RBC Capital Markets, Baird, Piper Sandler, Raymond James and William Blair

Company counsel

Kirkland & Ellis

Underwriters' counsel

Fried Frank

Sector

Technology

Country / state

CA

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