SailPoint Parent, LP (Ticker: SAIL) provides enterprises with customized identity security software offering a range of solutions to meet the varied needs of customers across multiple deployment options. Their solutions include Identity Security Cloud, a SaaS-based cloud solution built on their unified platform, Atlas, and IdentityIQ, a customer-hosted identity security solution.

SailPoint Parent, LP will list on February 13, 2025, on NASDAQ. The firm is selling 50.0 million shares at the price range of $19.00-$21.00, with SailPoint offering 47.5 million shares and the selling stockholders offering 2.5 million shares. The expected Market Capitalization at offer is $10.9 billion. The total offer size is $1 billion. The offering is managed by Morgan Stanley/Goldman Sachs/J.P. Morgan/Evercore ISI/BofA Securities/Barclays/Jeffries/RBC Capital Markets/BMO Capital Markets/BTIG/Mizuho/Piper Sandler/TD Cowen/Truist Securities.