Premier, which operates a technology-enabled platform offering critical services to healthcare organizations ,filed on Monday with the SEC to raise up to $100 million in an initial public offering, although that amount is likely a placeholder. We expect the deal will raise at least several hundred million. The Charlotte, NC-based company, which was founded in 1996 and booked $869 million in sales for the 12 months ended June 30, 2013, plans to list on the NASDAQ under the symbol PINC. Premier initially filed confidentially on May 31, 2013. J.P. Morgan, BofA Merrill Lynch and Wells Fargo Securities are the joint bookrunners on the deal. No pricing terms were disclosed.
