Simpson Thacher Represents Jefferies in Block Trade of Paycor’s Common Stock
12.11.23
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Simpson Thacher represented Jefferies LLC as underwriter in connection with the offering by a selling stockholder of 5,000,000 shares of common stock of Paycor HCM, Inc. (“Paycor”). The secondary offering, which was effected pursuant to a block trade, raised gross proceeds for the selling stockholder of $103 million.
Paycor is a leading provider of human capital management software.
The Simpson Thacher team for this transaction included Hui Lin, Ben Heriaud, Rachel Lerman and Jack Ligon (Capital Markets); Jonathan Cantor and Preston Irace (Tax); Erica Rozow and Andrew O’Brien (Executive Compensation and Employee Benefits); Jennie Getsin (FINRA & Blue Sky); Michael Isby (Environmental); Vanessa Burrows and Nawa Lodin (Healthcare); and Corina Holland (IP).