Performant Financial IPO watch: U.S. debt collection company Performant Financial filed an IPO registration statement with the SEC, in order to get its common shares listed on the Nasdaq Stock Exchange under the symbol “PFMT.” The company proposed to raise $150 million at most in this public offering, and has not yet disclosed the specific number of common shares which will be sold and IPO price range.
Performant Financial was founded in 1976, primarily engages in identifying and recovering delinquent or defaulted assets and improper payments for both government and private clients. Parthenon Capital Partners holds the largest stake in the company.
Morgan Stanley, Goldman Sachs, Credit Suisse and Wells Fargo Securities are actings as joint underwriters for Performant Financial IPO.
Performant Financial IPO