Deal Details
Follow-on Offering
Summary
Baird served as a bookrunner on this offering
About
Cision Ltd. (“Cision” or “the Company”) (NYSE:CISN) recently completed a follow-on offering of 12,000,000 common shares at $15.00 per share, generating gross proceeds of approximately $180.0 million. The selling stockholders, including investment funds affiliated with GTCR LLC, will receive all of the proceeds from the offering. In connection with the offering, the selling stockholders have granted to the underwriters a 30-day option to purchase up to 1,800,000 additional shares of common stock from the selling stockholders.Cision is a leading global provider of public relations (PR) software, media distribution, media intelligence, and related professional services. Public relations and communications professionals use Cision’s products and services to help manage, execute and measure their strategic PR and communications programs. Cision is an industry-standard SaaS solution for PR and marketing professionals and is deeply embedded in industry workflow. The Company is headquartered in Chicago, Illinois.
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- Date
- June 2018
- Company
- Cision Ltd.
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- North America
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