Charlotte, N.C. (Jun 22, 2021) – Intapp is scheduled to become the first publicly traded fintech located in Uptown Charlotte, NC.
Those familiar with the Charlotte tech scene may remember Intapp as the company that acquired Dealcloud—which specializes in CRM and deal management for investment banking and private equity firms—in 2018 to expand their professional financial services offerings. Since then, Dealcloud’s operations have remained in Uptown Charlotte and they now have over 100 Intapp and Deacloud employees in the Barings HQ building.
In their own words, Intapp provides software and services that enable professional services and capital markets firms to thrive in an increasingly competitive marketplace, enhancing their ability to win more business, operate efficiently, manage risk and drive project and client success. On Monday, Intapp announced plans to launch its initial public offering of 10.5 million shares of common stock. Upon completion, reports estimate the company’s total market capitalization will be in the range of $1.6B.
“There’s a myth out there that the top fintech brands are just now starting to flock to Charlotte,” says Tariq Bokhari, Founder of Carolina Fintech Hub. “While it is true that we’ve been able to catch the eye of Better.com, Robinhood, and many other top companies recently, Charlotte is not just a destination. Our home-grown companies have seen the type of success that makes national and global headlines, Dealcloud and Intapp are just another example of that. It is not just about fintech companies coming here, it is about all of them growing here.”
For more on this story, please visit the official announcement from Intapp here.
Managing Director, CFH