Friday, November 22, 2013

Trinet Files For IPO

San Leandro-based Trinet, a provider of human resources management for small and medium sized businesses, technology startups, and others, has filed for an IPO, saying that it is looking to raise up to $250M. The IPO is being underwritten by J.P. Morgan, Morgan Stanley, Deutsche Bank Securities, Jefferies, Stifel, and William Blair. Trinet is venture backed by General Atlantic. Trinet is a major provider of services to the technology and startup market.