T. Rowe Price-backed Apptio Files for IPO

8/29/16

Apptio, Inc., the leading provider of cloud-based Technology Business Management (TBM) software, today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined.

Goldman, Sachs & Co., J.P. Morgan Securities LLC and BofA Merrill Lynch will act as joint lead bookrunners for the offering, while Barclays Capital Inc., Jefferies LLC, RBC Capital Markets, LLC and Pacific Crest Securities, a division of KeyBanc Capital Markets Inc., will act as bookrunners.

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