Braintree software firm EngageSmart aims to raise over $349M in its IPO

EngageSmart, a Braintree-based customer engagement software and integrated payments solutions provider, said on Monday it plans to raise $349 million by offering a total of 14,550,000 shares at a price range of $23 to $25. Last month, the company disclosed plans to list its common stock on the New York Stock Exchange under the symbol "ESMT" in a regulatory document with the U.S. Securities and Exchange Commission.