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Goldman's Cormack notches IPO hat-trick with Misys

US bank – and its co-head of Emea ECM – picks up third global co-ordinator role in the space of a week

Goldman's Cormack notches IPO hat-trick with Misys
Photo: FN Montage

Confirmation that financial services software provider Misys is planning to float early next month has secured a hat-trick of global co-ordinator wins in the space of a week for Goldman Sachs, with the Wall Street bank's Richard Cormack involved in all three deals.

Misys on October 6 emerged as the latest private equity-backed business to confirm plans for a London Stock Exchange listing. The company, which is owned by Vista Equity Partners, said in a statement it planned to raise £500 million, with Goldman Sachs, Bank of America Merrill Lynch, JP Morgan and Morgan Stanley running the process as joint global coordinators.

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