Waystar, a private equity-owned provider of software that helps hospitals and doctors’ practices manage their finances, has raised $968 million in its initial public offering, the company said on Thursday. The IPO of 45 million shares was priced at $21.50 a share, Waystar said. The pricing, which was in the middle of its indicated range, gives Waystar a fully diluted valuation of $3.69 billion.
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Source: https://www.reuters.com/markets/deals/healthcare-software-firm-waystar-eyes-pricing-ipo-midpoint-indicated-range-2024-06-06/