| Great Plains Software, Inc. | |||
| (www.gps.com) | |||
| Ticker: | GPSI | 1701 S.W. 38th Street | |
| Exchange: | NASDAQ-National Market | Fargo, ND 58103 | |
| Industry: | High-Tech (SIC Code 7372) | (701) 281-0550 | |
| Type of Shares: | Common Shares | Filing Date: | 3/5/97 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 6/20/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $11.00 - $13.00 | |
| Primary Shares: | 3,000,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.12 | |
| Offering Amount: | $36,000,000 | Selling: | $0.65 | |
| Expenses: | $480,000 | Reallowance: | $0.10 | |
| Shares Out After: | 12,769,604 |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-5959 |
| Hambrecht & Quist Incorporated | Co-manager | (415) 439-3626 |
| Piper Jaffray Incorporated | Co-manager | (612) 342-6220 |
| Issuer's Law Firm: | Pillsbury Madison & Sutro |
| Bank's Law Firm: | Hale and Dorr |
| Auditor: | Price Waterhouse |
| Registrar/Transfer Agent: | Norwest Bank of Minnesota |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 5/31/96 | 11/30/96 | 11/30/95 | 11/30/96 | ||
| Revenue: | $42.27 | $24.75 | $19.15 | Assets: | $24.15 |
| Net Income: | $7.46 | $1.20 | $1.45 | Curr Assets: | |
| EPS: | $0.77 | $0.12 | Liabilities: | $16.29 | |
| Prior EPS: | $2.12 | $2.61 | Curr Liabilities: | ||
| Cash Flow/Oper: | $8.27 | Equity: | $7.86 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a leading provider of Microsoft Windows NT client/server financial management software for mid-sized businesses. The company's award-winning products and services automate essential accounting functions and enhance the strategic value of financial information. The company's products and services are sold and implemented exclusively by its extensive network of independent sales and support organizations throughout the United States, Canada and select international markets. The company's client/server product lines, Dynamics C/S+ and Dynamics, consist of a suite of financial applications, such as general ledger, accounts receivable, accounts payable, payroll and sales order and purchase order processing, and a suite of development and customization tools. The company's client/server products are designed to meet the broad spectrum of financial management needs of the corporate or middle market , which generally consists of mid-sized businesses with $1 million to $250 million in revenues and 10 to 2,500 employees. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes including working capital, product development, capital expenditures and possible acquisitions. |