Powered by

Data-sharing and cloud-storage firm Dropbox raised a total of $756m from its IPO, valuing the company at more than $8bn. It marked the largest IPO from a US tech company since Snap’s debut last March.

As a trusted financial platform partner, Dealogic helped the bookrunners seamlessly execute the transaction through the DealManager network.

Transaction Details—Dropbox

Nationality: United States

Industry: Technology

Deal Value ($m): 756

Deal Type: IPO

Exchange: Nasdaq

Priced: March 22, 2018

Bookrunners: Goldman Sachs, JPMorgan, Deutsche Bank, Allen & Co, and Bank of America Merrill Lynch

Key Points

3 most recent IPOs from US tech firms > $700m

  1. Dropbox, $756m | United States | Nasdaq | March 2018
  2. Snap, $3,910m | United States | New York Stock Exchange | March 2017
  3. First Data Corp, $2,817m | United States | New York Stock Exchange | October 2015

3 most recent unicorn tech IPOs

  1. Dropbox, $756m | United States | Nasdaq | March 2018
  2. Zscaler, $221m | United States | Nasdaq | March 2018
  3. PagSeguro Digital, $2,606m | Brazil | New York Stock Exchange | January 2018

 


Data source: Dealogic, as of March 23, 2018

Contact us to learn how DealManager can help you.