KKR-Backed OneStream, Shareholders Seek $466 Million in US IPO

OneStream Inc. and a group of shareholders including KKR & Co. are seeking to raise $465.5 million in a US initial public offering.

The company, which offers a cloud-based platform with more than 90 applications including accounting and budgeting, and the shareholders are offering 24.5 million shares for $17 to $19 each, according to a filing Monday with the US Securities and Exchange Commission.

OneStream is marketing 18.1 million shares, and the shareholders are offering 6.4 million shares. At the top of the price range, OneStream would have a market value of $4.4 billion based on the outstanding shares listed ...