DLA Piper represented Connecture, Inc., in conjunction with the pricing of its initial public offering of 6,635,000 shares of its common stock at a public offering price of US$8.00 per share. The shares started trading on December 12, 2014 on The Nasdaq Global Market under the ticker symbol CNXR.

Connecture is a leading web-based consumer shopping, enrollment and retention platform for health insurance distribution. The Wisconsin-based company’s customers are health insurance marketplace operators such as health plans, brokers and exchange operators who must distribute health insurance in a cost-effective manner to a growing number of insured consumers. The company offers a personalized health insurance shopping experience that recommends the best fit insurance plan based on an individual’s preferences, health status, preferred providers, medications and expected out-of-pocket costs.

The DLA Piper team representing Connecture included Christopher Paci in New York, Joseph Silver in Atlanta, and Samer Zabaneh in Austin.

This is the 10th US IPO handled by DLA Piper in 2014. Since 2008, the firm’s Capital Markets group has represented companies, underwriters and placement agents in more than 240 public offerings (equity and debt) in the US and worldwide, including more than 40 IPOs.