Follow-on Offering

Technology & Services
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 $16.00 per share, generating gross proceeds of $192.0 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.
CONTACT US TO LEARN MORE
Technology & Services
Follow-on Offering
Date
September 2018
Company
Cision Ltd.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

Share