trending Market Intelligence /marketintelligence/en/news-insights/trending/l3d7-dafm2q1a4rh-pisdq2 content esgSubNav
In This List

IQVIA stockholders close sale of common stock

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet


IQVIA stockholders close sale of common stock

IQVIA Holdings Inc. said certain stockholders of the company completed the sale of 12 million common shares to an underwriter for $103 per share.

Under an underwriting agreement, the shareholders — including affiliates of TPG Global LLC, CPP Investment Board Private Holdings Inc., investment funds associated with Bain Capital Investors LLC, and Dennis Gillings — sold the shares to Goldman Sachs & Co. LLC, the underwriter.

Further, IQVIA repurchased 4 million of the common shares sold by the selling stockholders from Goldman Sachs as part of the underwriting deal. The repurchase was funded with cash on hand and borrowings from IQVIA's revolving credit facility.

Durham, N.C.-based IQVIA provides integrated information and technology-enabled healthcare services in the Americas, Europe, Africa and the Asia-Pacific.