Comcast, McKesson, Humana and Independence Health all scored exits as the health benefits services provider floated in an upscaled offering.
Accolade, the US-based healthcare concierge developer backed by corporates Comcast, McKesson, Humana and Independence Health, went public yesterday in a $220m initial public offering on the Nasdaq Global Select Market.
The company increased the number of shares in the offering from 8.75 million to about 10 million and priced them at $22.00 each, above the $19 to $21 range it had set. Its shares opened at $35.00 yesterday and closed trading at $29.70, valuing it at about $1.4bn.
Founded…
