Private Equity
Anaplan Inc. priced its initial public offering at $18 a share late Thursday. The cloud-based connected planning company sold 15.5 million shares to raise $263.5 million. Shares will start trading Friday on the New York Stock Exchange, under the ticker symbol "PLAN". Goldman Sachs and Morgan Stanley were lead underwriters on the deal with Barclays serving as bookrunning manager, and KeyBanc, Canaccord, Evercore, JMP Securities, Needham, Piper Jaffray and Suntrust Robinson Humphrey acting as co-managers. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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