Venture-backed Real Matters files for IPO, secondary sale in Canada
Toronto-based cloud real estate technology platform Real Matters Inc has filed a preliminary prospectus with regulatory authorities in Canada for an initial public offering. The IPO, which has not yet been priced, will include a secondary offering by certain shareholders. The lead underwriters and joint bookrunners are BMO Capital Markets and INFOR Financial Inc, which ran Real Matters' $100 million financing last year. Led by President and CEO Jason Smith, Real Matters has raised over $200 million from a mix of public and private investors, including Whitecap Venture Partners, Wellington Financial and Radar Capital.
11 April 2017•3 mins read
