Deals
Apttus Is Working With Goldman Sachs on IPO Plans
- Silicon Valley ‘unicorn’ valued at $1.75 billion in last round
- Company’s software helps manage sales, pricing, contracts
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Apttus Corp., adding to a growing roster of technology businesses expected to reach the stock market, is working with Goldman Sachs Group Inc. on initial public offering plans, people familiar with the situation said.
The company, whose software helps manage sales and contracts, had a valuation of $1.75 billion in a funding round last month, according to CB Insights. Goldman Sachs advised Apttus on a $55 million private stake sale that brought that total funding to $329 million, according to a statement at the time. The people familiar with Apttus’s IPO plans asked not to be identified because the matter is private.