Paycor HCM, Inc.
Paycor is a leading Software-as-a-Service (SaaS) provider of human capital management solutions for small and medium-sized businesses. Our unified cloud-native platform is built to empower business leaders by producing actionable real-time insights to drive workforce optimization. Our comprehensive suite of solutions enables organizations to streamline human capital management (“HCM”) and payroll workflows and achieve regulatory compliance while serving as the single secure system of record for all employee data. Our customers range in size from businesses with just one to nine employees up to companies with 250 to 1,000 or more employees.
**Over 28,000 customers across all 50 states trust Paycor to help their leaders develop winning teams. Our customers include the Detroit Zoo, Pure Dental Brands, Seaway Plastics Engineering, Two Men and a Truck, Wendy’s and the YMCA.
People management has evolved significantly over the last 30 years from an administrative payroll-centric cost center to a highly strategic function focused on talent management and employee engagement. To be competitive in today’s environment, organizations are increasingly reliant on this function as they seek to leverage people analytics to identify trends and track performance across their workforce.
*Note: Revenue and net loss figures are for the 12 months ended March 31, 2021.
(Note: Paycor priced its IPO on July 20, 2021, at $23 – above its $18-to-$21 range – on 18.5 million shares, the same number of shares in the prospectus, to raise $425.5 million.)
|Industry:||SERVICES - PREPACKAGED SOFTWARE|
|Address||4811 Montgomery Road Cincinnati, Ohio 45212|
|Phone Number||(800) 381-0053|
|View Prospectus:||Paycor HCM, Inc.|
|Revenues||$338.12 mil (last 12 months)|
|Net Income||$-66.36 mil (last 12 months)|
|Price range||$23.00 - $23.00|
|Est. $ Volume||$425.5 mil|
|Manager / Joint Managers||Goldman Sachs/ J.P. Morgan/ Jefferies/ Credit Suisse/ Deutsche Bank Securities|
|CO-Managers||Barid/ Cowen/ JMP Securities/ Needham & Co./ Raymond James/ Stifel/ Truist Securities/ Fifth Third Securities/ Roberts & Ryan|
|Expected To Trade:||7/21/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|