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IT service provider Endava files for a $75 million US IPO

June 29, 2018
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Endava, which provides outsourced IT development services, filed on Friday with the SEC to raise up to $75 million in an initial public offering.

The London, United Kingdom-based company was founded in 2000 and booked $261 million in sales for the 12 months ended March 31, 2018. It plans to list on the NYSE under the symbol DAVA. Endava filed confidentially on March 8, 2018. Morgan Stanley, Citi, Credit Suisse and Deutsche Bank are the joint bookrunners on the deal. No pricing terms were disclosed.