All of the common stock is being offered by Press Ganey. In addition, Press Ganey has granted the underwriters a 30-day option to purchase up to an additional 1,335,000 shares of common stock from the company at the public offering price. The company’s shares are expected to begin trading on The New York Stock Exchange on May 21, 2015 under the ticker symbol “PGND.”

Barclays Capital Inc. and Goldman, Sachs & Co. are acting as lead book-running managers for the offering. William Blair & Company, L.L.C. and Wells Fargo Securities, LLC are acting as additional book-runners. Raymond James & Associates, Inc., Robert W. Baird & Co., BMO Capital Markets Corp. and Avondale Partners, LLC are acting as co-managers