Thryv Holdings Inc.

THRY

Our Company is built upon a rich legacy in the marketing and advertising industry. We are one of the largest companies in the United States that provides SMBs with print and digital marketing solutions and SaaS end-to-end customer experience tools. Our solutions enable our SMB clients to generate new business leads, manage their customer relationships and run their day-to-day operations.

As of June 30, 2020, we serve over 360,000 SMB clients through two business segments: Marketing Services and SaaS. 

Our Marketing Services segment provides both print and digital solutions and generated $559.0 million, or 89.9%, and $1,292.8 million, or 91.0% of consolidated total revenues for the six months ended June 30, 2020 and the year ended December 31, 2019, respectively. We believe our Marketing Services segment delivers high-quality, cost-effective business leads to our SMB clients, and our decades of experience in local U.S. markets gives us a competitive advantage. We had a monthly ARPU of approximately $224 and $235 for the six months ended June 30, 2020 and for the year ended December 31, 2019, respectively. Our primary Marketing Services offerings include:

• Print Yellow Pages. Print marketing solutions through our owned and operated PYPs, which carry “The Real Yellow Pages” tagline;

• Internet Yellow Pages. Digital marketing solutions through our proprietary IYPs, including Yellowpages.com, Superpages.com and Dexknows.com;

• Search Engine Marketing. SEM solutions that deliver business leads from Google, Yahoo!, Bing, Yelp and other major engines and directories; and

• Other Digital Media Solutions. Other digital media solutions, which include stand-alone websites, online display and social advertising, online presence and video and SEO tools. 

Offer Price Offer Size 3-Year Outlook Volatility 1st Day Turnover
$10.17 26,700,000 Positive High 0.04%

Offering Team

Deal Managers

  • I Bankers Securities

Lawyers

  • Weil, Gotshal & Manges LLP

Auditors

  • Ernst & Young LLP

Pre-IPO Investors

Investors

  • Google Ventures
  • Intel Ventures
  • Patricoff Ventures
  • Kleiner Perkins

Pre-IPO Holdings(%)

  • 30
  • 20
  • 05
  • 18

Deal Highlights

Deal Tracker

Investors

Filing

24 Sep, 2020

Offer

01 Oct, 2020

Look Ahead

Lock Up Expiry

01 Apr, 2021

Earning

Nov 1, 2018

IPO Terms

Offer Price $10.17
Offer Size 26M

Market Sentiments

Stock Price