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Banking on an IPO: CapStar Financial files for a $46 million IPO

August 29, 2016
CSTR

CapStar Financial Holdings, a Tennessee bank with seven locations and $1.3 billion in assets, filed on Monday with the SEC to raise up to $46 million in an initial public offering.

The Nashville, TN-based company was founded in 2007 and booked $46 million in sales for the 12 months ended June 30, 2016. It plans to list on the Nasdaq under the symbol CSTR. Keefe Bruyette Woods and Sandler O'Neill are the joint bookrunners on the deal. No pricing terms were disclosed.