Private Equity
EngageSmart Inc.,a Massachusetts-based customer engagement and payments software company, said its initial public offering priced at $26 a share, above its proposed price range of $23 to $25. The company sold 14.5 million shares to raise $38.8 million at a valuation of $4.2 billion. The stock will start trading on the New York Stock Exchange later Wednesday, under the ticker symbol "ESMT." J.P. Morgan, Goldman Sachs, BofA Securities and Citigroup are the lead underwriters.

In this article