Business software provider RedPrairie files with SEC for initial public offering

By AP
Thursday, November 26, 2009

Business software firm RedPrairie files for IPO

MILWAUKEE — RedPrairie Holding Inc., a business software provider, said Thursday it filed a registration statement with the Securities and Exchange Commission for an initial public offering.

The number of shares to be offered by the company has not yet been determined. Current stockholders will sell some shares, too. The underwriters will have an option to buy additional shares.

RedPrairie, based in Milwaukee, sells software to help companies manage their inventory, transportation and work force.

Bank of America Merrill Lynch and Credit Suisse Securities LLC are the joint bookrunning managers of the offering. Oppenheimer & Co. and Needham & Co. are co-managers.

Discussion
December 19, 2009: 7:33 am

Very interesting, this looks like it could be a very good investment, business type software always does quite well in the market.

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