Vencore Holding Corp., the parent company of Vencore, Inc. has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission; the number of shares and price range of the proposed offering have not yet been determined. The statement has not yet become effective.
Vencore is a leading provider of mission-critical, innovation-driven services and solutions to U.S. government customers. The company supports space, health, defense, intelligence, homeland security and civilian agencies.
“The industry’s been curiously waiting to see who would be the first firm to tap today’s attractive equity market conditions,” Bob Kipps of KippsDeSanto told WashingtonExec in an email. “Vencore was at the top of the list given its size, performance profile and leadership team. It is a great move for Vencore and Veritas and honestly, the GovCon market as there haven’t been IPOs in the sector for quite some time.”
Goldman Sachs & Co. LLC and Wells Fargo Securities are acting as joint book-running managers and as representatives of the underwriters for the common stock offering. The proposed offering will be made only by means of a prospectus, which can be obtained from either of the firms when available.