Bain Capital-backed Blue Coat Inc, a provider of advanced web security solutions for global enterprises and governments, has filed for an IPO. The number of shares that will be sold as well as its pricing terms have yet to be set. Morgan Stanley, J.P. Morgan, Credit Suisse and Goldman Sachs will serve as the lead underwriters.
SUNNYVALE, Calif., June 2, 2016 — Blue Coat, Inc. (“Blue Coat”) today announced that it has publicly filed a registration statement with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined.
Morgan Stanley, J.P. Morgan, Credit Suisse and Goldman, Sachs & Co. are acting as lead joint book-running managers and as representatives of the underwriters for the offering. In addition, Jefferies, UBS Investment Bank, RBC Capital Markets and Wells Fargo Securities are acting as joint book-running managers for the offering. Cowen and Company, Pacific Crest Securities, a division of KeyBanc Capital Markets, Piper Jaffray and William Blair are acting as co-managers for the offering.
The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained, when available, from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 866-803-9204; from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, by telephone at 800-221-1037, or by email at firstname.lastname@example.org; or from Goldman, Sachs & Co., 200 West Street, New York, NY 10282, Attention: Prospectus Department, by telephone at 866-471-2526, or by email at email@example.com.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Blue Coat, Inc.
Blue Coat, Inc. is a leading provider of advanced web security solutions for global enterprises and governments, protecting 15,000 organizations including over 70 percent of the Fortune Global 500. Through the Blue Coat Security Platform, Blue Coat unites network, security and cloud, protecting enterprises and their users from cyber threats – whether they are on the network, on the web, in the cloud or mobile. Blue Coat was acquired by Bain Capital in May 2015.