DLA Piper represents Paylocity in initial public offering worth $100m
DLA Piper has advised Paylocity Holding Corporation in its initial public offering (IPO) valued at approximately $100m (£60m).
Founded in 1997, the company, based in Arlington Heights, Illinois, provides cloud-based payroll and human capital management software to medium-sized businesses.
DLA Piper’s team representing Paylocity was led by partner John J Gilluly III and also included associates Anna Denton and Joseph Fore.
Since 2008, the firm’s capital markets group has represented companies, underwriters and placement agents in approximately 240 public offerings (equity and debt) in the US and worldwide, including 40 IPOs and more than 50 private offerings, raising more than $94bn.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
The Financial Report — Fed study questions new money market rules; Singapore updates audit committee guidebook; and more
DLA Piper has released the latest version (Volume 3, No.16) of The Financial Report, featuring news and analysis from across the financial sector.
The National Bank of Ukraine has toughened requirements for the mandatory sale of international currency proceeds that was temporarily introduced in November 2012.
Analysis from The Lawyer
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions