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Enterprise software provider Rimini Street files for a $60 million IPO

By: Renaissance Capital
Posted: 2/12/2014 4:54:00 PM
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Rimini Street, an independent provider of enterprise software support services, filed on Wednesday with the SEC to raise up to $60 million in an initial public offering. The Las Vegas, NV-based company, which was founded in 2005 and booked $55 million in sales for the 12 months ended September 30, 2013, plans to list under the symbol RMNI but has yet to announce an exchange. UBS Investment Bank, Piper Jaffray and JMP Securities are the joint bookrunners on the deal. No pricing terms were disclosed.