Wellington Financial portfolio Xactly closes IPO

Wellington Financial portfolio Xactly closes IPO
July 23
14:51 2015

Xactly, a portfolio company of Wellington Financial, has closed its initial public offering, with trade beginning on the New York Stock Exchange June 26th, 2015 under the symbol “XTLY”.

The public pricing of the company’s 7,037,500 shares of common stock was USD$8.00 per share, pricing the IPO at USD$56.3 million.

Xactly, an American provider of cloud-based incentive compensation software, has been a portfolio company of Wellington Financial since 2013.

Press release.

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