Privia Health Group, Inc.

Privia Health Group, Inc. (PRVA) priced its initial public offering on Apr 30, 2021 at $23.00 per share, within its $21.00–$23.00 range, raising $448.5M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $2.36B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, Credit Suisse and Piper Sandler and others. Davis Polk advised the company and Goodwin Procter advised the underwriters.

Privia Health Group, Inc. is a technology-driven national physician-enablement company. It works with medical groups, health plans and health systems to support physician practices, with a focus on value-based care, administrative burden and patient engagement.

Status

IPO

Ticker

PRVA

Exchange

Nasdaq Global Select

Priced

Apr 30, 2021

IPO price

$23.00

Price range

$21.00–$23.00

Raised

$448.5M

Market cap at IPO price

$2.36B

First filed

Apr 7, 2021

Underwriters

Goldman Sachs, J.P. Morgan, Credit Suisse, Piper Sandler, William Blair, Canaccord Genuity, Truist, R. Seelaus and Siebert Williams Shank

Company counsel

Davis Polk

Underwriters' counsel

Goodwin Procter

Sector

Healthcare

Country / state

VA

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