Fenwick Represents Underwriters in Initial Public Offering of Tableau Software

Fenwick & West represented the underwriters in the initial public offering of Seattle, WA-based Tableau Software, Inc. (NYSE: DATA).

A total of 9,430,000 shares of Tableau Software’s Class A common stock were sold at a price to the public of $31.00 per share, which included 1,230,000 shares issued upon the exercise in full of the underwriters’ option to purchase additional shares. A total of 6,230,000 shares were sold by Tableau Software, and a total of 3,200,000 shares were sold by certain selling stockholders.

Goldman, Sachs & Co. and Morgan Stanley & Co. LLC acted as lead joint book-running managers for the offering. Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC acted as book-running managers. UBS Securities LLC and BMO Capital Markets Corp. acted as co-lead managers, and JMP Securities LLC acted as co-manager.

The Fenwick transaction team was led by corporate partners Gordon Davidson, Jeffrey Vetter and James Evans and included corporate associates Amanda Rose and Thomas Kang. Intellectual Property associate Madeline Zamoyski advised on licensing matters.

More information about the offering can be obtained from Tableau Software’s website.


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