EQT-Backed Waystar Eyes Mid-Range IPO Pricing

Reported 6 months ago

Health-care payments software maker Waystar Holding Corp., backed by EQT AB and Canada Pension Plan Investment Board, is considering pricing its IPO around the midpoint of its range. With strong demand, the company is offering 45 million shares at $20 to $23 each, potentially raising about $968 million. Neuberger Berman and the Qatar Investment Authority have shown interest in buying up to $225 million in shares. After the IPO, EQT is expected to hold the largest stake.

Source: YAHOO

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