Head in the cloud: PointClickCare files for a $100 million IPO

PointClickCare IPO, which offers cloud-based software management solutions for long-term care facilities, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. 




The Ontario, Canada-based company, which was founded in 1995 and booked $113 million in sales for the 12 months ended April 30, 2015, plans to list on the Nasdaq under the symbol PCLK. J.P. Morgan, Goldman Sachs and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.

Source: Renaissance Capital

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