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IT reseller Presidio prices IPO at $14, the low end of the range

March 10, 2017
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Presidio, a reseller of IT products and solutions to middle-market businesses, raised $233 million by offering 16.7 million shares at $14, the low end of the range of $14 to $16. Presidio plans to list on the Nasdaq under the symbol PSDO. J.P. Morgan, Citi, Barclays, RBC Capital Markets, Credit Suisse, Goldman Sachs, Wells Fargo Securities and Evercore ISI acted as lead managers on the deal.