Genesys picks investment banks for U.S. IPO - source

4 days ago 102
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Jan 14 (Reuters) - The backstage equity owners of enterprise-software shaper Genesys person chosen underwriters for a U.S. archetypal nationalist offering (IPO), a idiosyncratic acquainted with the substance told Reuters connected Friday.

Owners Permira Holdings and Hellman & Friedman person tapped JPMorgan Chase & Co, Morgan Stanley and Goldman Sachs Inc among different underwriters for a U.S. listing of the institution this year, the idiosyncratic said.

The IPO could worth Genesys astatine much than $30 billion, but a last determination has not been made and the company's owners could inactive prosecute different options, according to Bloomberg News, which earlier reported the news.

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The call-center exertion supplier was valued astatine $21 cardinal successful December, aft raising $580 cardinal successful a backing circular led by Salesforce Ventures.

JPMorgan, Goldman Sachs, Hellman and Permira declined to comment. Genesys and Morgan Stanley did not instantly respond to Reuters' requests for comments extracurricular regular concern hours.

Genesys counts payments institution PayPal (PYPL.O) and Microsoft (MSFT.O) arsenic its clients and offers a wide scope of telephone halfway services done products driven by unreality technology.

Genesys besides provides services successful concern with Accenture (ACN.N), Amazon Web Services, IBM (IBM.N) and Verizon (VZ.N). The institution had antecedently said its unreality and subscription bookings much than doubled year-over-year from February till July 2021.

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Reporting by Krystal Hu successful New York and Shivani Tanna successful Bengaluru; Additional reporting by Bhargav Acharya; Editing by Muralikumar Anantharaman

Our Standards: The Thomson Reuters Trust Principles.

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