IPO Company Profile
SEC Filings | Peer IPO Companies
ACCPAC International, Inc.
2525 Augustine Drive, Santa Clara, CA 95054 * (408) 562-8400

The company is a leading provider of financial accounting and business management software solutions to the corporate, small business and small office/home office markets.

Primary Underwriting Group
ManagerTierPhone
J.P. Morgan Securities Inc.Lead Manager (212) 648-0517
Cowen & CompanyCo-manager (212) 495-6000

Filing Information
NASNTL:ACPI High-Tech: SIC 7372
Type of Shares:Common Shares Filing Date:6/11/98
U.S. Shares Filed:0 Filing Price: -
Non-U.S. Shares Filed:0 Offering Amount: $45,000,000
Primary Shares:0 Expenses: -
Secondary Shares:0 Post-IPO Shares:
Spin out parent firm: Computer Associates
Employees:244

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Howard, Darby & Levin
Bank's Law Firm: Cahill Gordon & Reindel
Auditor: Ernst & Young

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
3/31/98 3/31/98
Revenue:$48.94Assets:$13.99
Net Income:$4.13Curr Assets:$13.41
EPS:Liabilities:$14.79
Prior EPS:Curr Liab:$9.79
Cash Flow/Oper:$11.62Equity:-$0.80
Cash Flow/Fin:-$7.29Cash:$4.01
Cash Flow/Inv:-$0.38Working Cap:$3.62

Use of Proceeds
The proceeds from the proposed offering will be used to pay a Computer Associates Note, working capital and other general corporate purposes including increased investment in sales and marketing, expansion of the company's business partner network, further development of products and technology and possible acquisitions of investments in complementary businesses, technologies or products.

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