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Thoughtworks Holding Priced, Nasdaq: TWKS

Provides digital consulting and software development services.

Industry: Technology

Latest Trade: $4.47 0.00 (0.0%)

First Day Return: +40.0%

Return from IPO: -78.7%

Industry: Technology

We are a leading premium global technology consultancy that integrates strategy, design and software engineering to enable enterprises and technology disruptors across the globe to thrive as modern digital businesses. This is reflected in our average annual revenue per employee of over $100,000 in each of 2019 and 2020, which is higher than our public pure-play competitors and which we believe is meaningfully higher than all our pure-play competitors. With companies facing ongoing digital disruption, many lack the capabilities and talent necessary to keep pace with the accelerating rate of technological change. Thoughtworks is a digital native service provider that has been a thought leader at the forefront of technology innovation for the past 28 years. We leverage our vast experience to improve our clients’ ability to respond to change; utilize data assets to unlock new sources of value; create resilient technology platforms that move with business strategies; and rapidly design, deliver and evolve exceptional digital products and experiences at scale. We are a globally diversified business, with clients across all major verticals and geographies. Our global distributed agile delivery model operates where our clients are, with over 9,000 employees working across 17 countries on five continents. Further, our unique, diverse and cultivating culture, with a reputation for technology excellence and thought leadership, enables us to attract and retain what we believe is the best talent in the industry. That is why our clients trust Thoughtworks as their premium digital transformation partner.
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IPO Data
IPO File Date 08/20/2021
Offer Price $21.00
Price Range $18.00 - $20.00
Offer Shares (mm) 36.8
Deal Size ($mm) $774
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/14/2021
Offer Price $21.00
Price Range $18.00 - $20.00
Offer Shares (mm) 36.8
Deal Size ($mm) $774
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
J.P. Morgan
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Company Data
Headquarters Chicago, IL, United States
Founded 1993
Employees at IPO 9,000
Website www.thoughtworks.com

Thoughtworks Holding (TWKS) Performance