Paylocity Holding (PCTY)


Financial Snapshot (Last 12 Months):

Market Cap: $733.80M Revenues: $90.50M Net Income: $-0.09M

Deal Structure

Filing Date:Jan. 30, 2014 Expected to Trade:March 19, 2014 Status:Priced Lead Underwriters:Deutsche Bank; BofA Merrill Lynch; Blair Co-Managers:JMP Securities; Raymond James; Needham
Shares Offered:7.05M Deal Type:IPO Price Range:$17.00 Issue Price:$17.00

Company

Business Profile

We are a leading provider of cloud-based payroll and human capital management, or HCM, software solutions for medium-sized organizations, which we define as those having between 20 and 1,000 employees. Our comprehensive and easy-to-use solutions enable our clients to manage their workforces more effectively. As of June 30, 2013, we served approximately 6,850 clients across the U.S., which on average had between 95 and 115 employees during each of the last three fiscal years. Our solutions help drive strategic human capital decision-making and improve employee engagement by enhancing the human resource, payroll and finance capabilities of our clients.

Industry: Technology Founded: 1997 Employees: 838 Prospectus: Click Here

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