Semrush’s $140 Million IPO

Goodwin Procter LLP advised Semrush on the deal.

Semrush Holdings, Inc. (“Semrush”), a leading online visibility management SaaS platform, announced the closing of its initial public offering of 10,000,000 shares of Class A common stock, at a price to the public of $14.00 per share. The shares are listed for trading on the New York Stock Exchange under the ticker symbol “SEMR.”

Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Jefferies LLC acted as joint lead bookrunning managers. KeyBanc Capital Markets Inc. also acted as a joint bookrunning manager for the proposed offering. Piper Sandler & Co. and Stifel, Nicolaus & Company, Incorporated acted as co-managers.

Semrush is a leading online visibility management SaaS platform that enables businesses globally to run search engine optimization, pay-per-click, content, social media and competitive research campaigns and get measurable results from online marketing.

The Goodwin team was led by Jared Fine (Picture), Aaron Berman, Lauren Schwarzenholzer, Sean Toner and Peter Yang.

 

Involved fees earner: Aaron Berman – Goodwin Procter; Jared Fine – Goodwin Procter; Lauren Schwarzenholzer – Goodwin Procter;

Law Firms: Goodwin Procter;

Clients: Semrush;

Author: Martina Bellini