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PCTY News

Renaissance Capital's 1Q 2014 US IPO Quarterly Review

The US IPO market showed more activity than any other first quarter since 2000 as 64 companies raised $10.6 billion. That is more than double the number of IPOs in the first quarter of 2013, a year that also had the most public offerings in over a decade. IPO...read more

Cloud-based payroll provider Paycom Software sets terms for $126 million IPO

Paycom Software, a provider of on-demand payroll and human capital technology services, announced terms for its IPO on Monday. The Oklahoma City, OK-based company plans to raise $126 million by offering 6.6 million shares (31% insider) at a price range of $18 to...read more

Paylocity IPO trades up 41% ahead of March (tech IPO) madness

Paylocity (PCTY) gained  41% on its first day of trading and represents the first of 11 technology IPOs scheduled for the next two weeks. Five more are expected this week and another five are ...read more

Paylocity prices upsized IPO above the range at $17

Paylocity, which provides cloud-based payroll and human capital management software, raised $120 million by offering 7.0 million shares (29% insider) at $17, above the $14 to $16 range. The company had originally filed to offer 6.7 million shares (25% insider),...read more