| IPO Company Profile © ipodata.com |
| Message Board | SEC Filings | Peer IPO Companies |
| TriNet Group, Inc. |
| 101 Callan Avenue, San Leandro, CA 94577 * (510) 352-5000 |
| Business Description | The company is a leading provider of web-enabled business process outsourcing, or BPO, of payroll, benefits and human resource support and technology to fast-growth technology companies in North America. |
|
Filing Information IPO has been | |||
| To Trade As | TRNE (NASNTL) | Industry | Internet (SIC 7389) |
| Type of Stock Offered | Common Shares | Filing Date | 3/2/00 |
| Domestic Shares Filed | 3,900,000 | Filing Range | $12.00 - $14.00 |
| Foreign Shares Filed | 0 | Offering Amount | $50,700,000 |
| Company Shares | 3,100,000 | Est. Expenses | - - |
| Selling Shrhldrs Shares | 800,000 | Post-IPO Shares | 10,471,683 |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Robertson, Stephens & Company | Lead Manager | (415) 989-8500 |
| Dain Rauscher Wessels | Co-manager | (612) 371-2818 |
| Robert W. Baird & Company | Co-manager | (414) 765-3632 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | - - Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/95 | 12/31/96 | 12/31/97 | 12/31/98 | 12/31/99 | ||
| Revenues | 2.515 | 3.139 | 7.749 | 12.443 | 19.127 | - | - |
| Income from Oper. | -0.466 | -0.130 | 0.988 | 1.749 | 0.194 | - | - |
| Net Income | -0.465 | -0.157 | 0.760 | 0.982 | -1.030 | - | - |
| E.P.S | -0.140 | -0.070 | -0.100 | 0.070 | -0.020 | - | - |
| Revenue Growth (%) | 24.81 | 146.86 | 60.58 | 53.717 | - | ||
| Net Income Growth (%) | - | - | 29.21 | - | - | ||
| Oper. Profit Margin (%) | - | - | 12.75 | 14.06 | 1.01 | - | - |
| Net Profit Margin (%) | - | - | 9.81 | 7.89 | - | - | - |
| Cash Flow - Oper. | 11.55 | - | - | ||||
| Cash Flow - Inv. | -4.72 | - | - | ||||
| Cash Flow - Fin. | 1.35 | - | - | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 12/31/99 | Financial Ratios | ||||
| Total Assets | 35.79 | Current Assets | 27.74 | Current Ratio | 1.00 |
| Total Liab. | 30.98 | Current Liab. | 27.62 | Debt Ratio | 86.55% |
| Total Equity | 4.82 | Working Cap. | 0.11 | Debt to Equity Ratio | 6.43 |
| Cash | 16.78 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used to repay indebtedness and for general corporate purposes, including working capital, sales and marketing expenditures, development of new products and services, investments in technology infrastructure and possible acquisitions. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Cooley Godward Castro Huddleson & Tatum |
| Bank's Law Firm | Brobeck, Phleger & Harrison |
| Registrar/Transfer Agent | Norwest Bank of Minnesota |
| Auditor | Ernst & Young |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |
| Principal Shareholders | ||
| Name of Shareholder | % Owned Before | % Owned After |
| Select Appointments North America Inc. | 57.00 | |
| Note: represents ownership of 5% or more prior to the offering. | ||