THL-owned Ceridian HCM files to go public in NYC, Toronto
Ceridian HCM Holding Inc, a U.S. human resources software and service solutions provider, has filed with the U.S. Securities and Exchange Commission for an initial public offering of its common stock. The company, which intends to list on both the New York Stock Exchange and Toronto Stock Exchange, did not disclose the IPO's pricing; however, the Globe and Mail reported Ceridian is seeking US$200 million. Minneapolis, Minnesota-based Ceridian is led by David Ossip, a Canadian entrepreneur. The company was acquired in 2007 for US$5.3 billion by Thomas H. Lee Partners and Fidelity National Financial.
26 March 2018•2 mins read
