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ZoomInfo Boosts IPO Price Range to Seek as Much as $890 Million

A screen displays the Nasdaq Inc. logo in Times Square.Photographer: Angus Mordant/Bloomberg
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ZoomInfo Technologies Inc. increased the price range for its upcoming initial public offering, aiming to raise as much as $890 million in the listing.

The business-intelligence platform, which is backed by private equity firms, upped the marketed price range for 44.5 million of its shares to $19 to $20 apiece, according to a filingBloomberg Terminal Tuesday. It had previouslyBloomberg Terminal set the range at $16 to $18 per share. BlackRock Inc., Fidelity Investments and Dragoneer Investment Group LLC may may each buy $100 million of shares, an earlier filing showed.