Simpson Thacher represented Goldman Sachs & Co. LLC as underwriter in connection with the offering by certain selling stockholders of 5,000,000 shares of common stock of Paycor HCM, Inc. (“Paycor”). The secondary offering, which was effected pursuant to a block trade, raised gross proceeds for the selling stockholders of $135.6 million.
Paycor is a leading Software-as-a-Service provider of human capital management solutions for small and medium-sized businesses.
The Simpson Thacher team for this transaction included Art Robinson, Hui Lin, Ben Heriaud, Ryan Poché and Matthew Elkwood (Capital Markets); Erica Rozow, Andrew O’Brien and Ryan Stott (Executive Compensation and Employee Benefits); Jonathan Cantor and Ruoxi Zhang (Tax); Jennie Getsin (FINRA & Blue Sky); Michael Isby (Environmental); Jessica Cohen, Corina McIntyre and Benjamin Hart (IP); and Vanessa Burrows (Healthcare).