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IPO Industry Breakdown

View a historical industry breakdown

IPO Industry Breakdown (Year-to-Date)

View Last-12-Months

Industry

Number of Deals

Total Proceeds

Average First Day Return

Average Total Return

Technology

$3.6 bil

7.6%

-5.3%

IPO Date	Company Name	Ticker	Deal Size	Return
08/11/10	RealPage	RP	$135.3 mm	54.5%
	Provides on demand software solutions for rental property owners and managers.
8/10/10	MediaMind Technologies	MDMD	$57.5 mm	4.3%
	Provides digital advertising campaign management solutions to ad agencies.
08/05/10	IntraLinks Holdings	IL	$143.0 mm	-0.1%
	Provides secure online document management to over 4,300 customers.
8/5/10	NXP Semiconductors	NXPI	$476.0 mm	-15.2%
	Diversified global semiconductor company and former carve-out of Philips.
07/15/10	Qlik Technologies	QLIK	$112.0 mm	93.5%
	Provides easy-to-use business intelligence software to 14,000 enterprises.
7/14/10	SMART Technologies	SMT	$660.1 mm	-33.4%
	Global leader in interactive whiteboards for the education and commercial market.
06/30/10	AutoNavi Holdings	AMAP	$107.8 mm	21.6%
	Licenses digital map content for navigation and location-based services in China.
6/24/10	Fabrinet	FN	$85.0 mm	26.7%
	Provides outsourced manufacturing of optical components for OEMs.
06/17/10	China Intelligent Lighting	CIL	$10.1 mm	-0.3%
	China-based manufacturer of LED lighting products.
6/17/10	Motricity	MOTR	$50.0 mm	-25.1%
	Provides a web-based mobile data services platform for wireless carriers.
06/15/10	Broadsoft	BSFT	$67.5 mm	-10.0%
	Provides IP-based application server software to telecom service providers.
5/19/10	Accretive Health	AH	$120.0 mm	-12.8%
	Provides outsourced revenue cycle management services to US hospitals.
05/19/10	ReachLocal	RLOC	$54.2 mm	0.5%
	Sells online marketing services for small businesses through a localized sales force.
5/12/10	TeleNav	TNAV	$56.0 mm	-31.6%
	Leading provider of mobile navigation services on the Sprint and AT&T networks.
04/28/10	Alpha and Omega Semiconductor	AOSL	$91.1 mm	-36.9%
	Develops power management chips for notebook PCs and consumer electronics.
4/28/10	Convio	CNVO	$46.2 mm	-0.6%
	Provides on-demand marketing software to 1,300 nonprofit organizations.
04/21/10	DynaVox	DVOX	$140.6 mm	-38.3%
	Provides speech generating devices to assist people with disabilities.
4/21/10	Mitel Networks	MITL	$147.4 mm	-53.2%
	Provides IP-based telephony systems to small and medium sized enterprises.
04/21/10	SPS Commerce	SPSC	$49.2 mm	-13.9%
	Provides on-demand supply chain management software.
3/30/10	Meru Networks	MERU	$65.8 mm	-11.5%
	Provides wireless LAN solutions to small and large enterprises.
03/30/10	SS&C Technologies	SSNC	$160.9 mm	-4.5%
	Provides back office software and outsourced services to the financial industry.
3/23/10	MaxLinear	MXL	$90.2 mm	-18.2%
	Fabless provider of chips used for broadband video in electronic devices.
03/10/10	Sensata Technologies	ST	$568.8 mm	-0.5%
	Texas Instruments' former sensors and controls business acquired by Bain Capital.
2/10/10	QuinStreet	QNST	$150.0 mm	-21.9%
	Provides online lead generation to the education and financial services verticals.

Financial

$2.9 bil

8.1%

-1.1%

IPO Date	Company Name	Ticker	Deal Size	Return
08/25/10	Whitestone REIT	WSR	$26.4 mm	-2.8%
	Internally managed REIT with 36 commercial properties primarily in Houston.
8/12/10	Park Sterling Bank	PSTB	$150.2 mm	-6.3%
	Recently formed commercial bank with three offices in North Carolina.
07/28/10	Envestnet	ENV	$63.0 mm	14.8%
	Provides outsourced web-based investment solutions to financial advisors.
7/21/10	Green Dot	GDOT	$164.1 mm	36.1%
	Leading provider of reloadable prepaid debit cards in the US.
06/23/10	Hudson Pacific Properties	HPP	$217.6 mm	-3.8%
	Owns eight offices in California with tenants primarily in the entertainment industry.
6/14/10	CBOE Holdings	CBOE	$339.3 mm	-25.3%
	US's largest options exchange, offering options on equities, indexes and ETFs.
04/22/10	Excel Trust	EXL	$210.0 mm	-18.5%
	Newly formed REIT targeting value-oriented retail properties.
4/15/10	Chatham Lodging Trust	CLDT	$150.0 mm	-16.5%
	Newly formed REIT focused on upscale extended-stay and select-service hotels.
03/31/10	Primerica	PRI	$320.4 mm	45.8%
	Spin-off of Citibank's life insurance and financial services businesses.
3/23/10	First Interstate BancSystem	FIBK	$145.0 mm	-16.8%
	Operates a bank holding company in Montana, Wyoming and South Dakota.
03/15/10	Financial Engines	FNGN	$127.2 mm	11.1%
	Provides advice and management for employer-sponsored retirement plans.
2/9/10	Piedmont Office Realty Trust	PDM	$174.0 mm	27.6%
	REIT that owns 73 office buildings in major US cities.
02/09/10	Terreno Realty Corp.	TRNO	$175.0 mm	-12.3%
	Newly organized REIT targeting industrial real estate in six coastal U.S. markets.
1/27/10	IFM Century 21 China	CTC	$87.4 mm	-22.9%
	Provides real estate services and franchises the Century 21 brand in China.
01/21/10	Chesapeake Lodging Trust	CHSP	$150.0 mm	-16.5%
	Specialty REIT planning to acquire upper upscale hotel properties.
1/21/10	Symetra Financial	SYA	$364.8 mm	-11.0%
	Provides group health, retirement, life and employee benefits insurance.

Energy

$2.5 bil

-0.1%

3.0%

IPO Date	Company Name	Ticker	Deal Size	Return
07/28/10	Chesapeake Midstream Partners, L.P.	CHKM	$446.3 mm	17.6%
	An L.P. formed by Chesapeake Energy and GIP to operate natural gas gathering systems.
7/21/10	Ameresco	AMRC	$87.0 mm	22.5%
	Designs and implements energy efficient projects for gov't and institutional clients.
07/13/10	Oxford Resource Partners, L.P.	OXF	$161.9 mm	3.5%
	Produces steam coal in Northern Appalachia and the Illinois Basin.
6/16/10	Oasis Petroleum	OAS	$588.0 mm	27.6%
	Independent E&P producing oil in North Dakota and Montana.
05/13/10	JinkoSolar Holding	JKS	$64.2 mm	145.5%
	China-based manufacturer of silicon wafers, solar cells and solar modules.
5/11/10	Niska Gas Storage Partners LLC	NKA	$358.8 mm	-7.7%
	Largest independent operator of natural gas storage assets in North America.
04/29/10	PAA Natural Gas Storage L.P.	PNG	$252.0 mm	10.6%
	L.P. formed by Plains All American to own and operate natural gas storage facilities.
4/21/10	Codexis	CDXS	$78.0 mm	-35.9%
	Shell Oil-backed developer of biocatalysts for biofuel and pharma applications.
04/21/10	Global Geophysical Services	GGS	$90.0 mm	-46.4%
	A provider of seismic data services to oil and gas exploration companies.
3/11/10	Crude Carriers	CRU	$256.5 mm	-5.7%
	Shipping company formed by Capital Maritime to acquire crude tankers.
01/25/10	Andatee China Marine Fuel	AMCF	$19.7 mm	-36.0%
	Produces and sells blended marine fuel oil for cargo and fishing vessels in China.
1/24/10	China Hydroelectric	CHC	$88.8 mm	-59.4%
	Acquires and operates small hydropower plants in China.

Health Care

$0.6 bil

-0.2%

-19.4%

IPO Date	Company Name	Ticker	Deal Size	Return
08/10/10	China Kanghui Holdings	KH	$68.4 mm	24.6%
	#2 China-based manufacturer and marketer of orthopedic implants.
8/5/10	NuPathe	PATH	$50.0 mm	-20.9%
	Specialty pharma seeking approval for Zelrix, a patch for migraine treatment.
08/04/10	D. Medical	DMED	$10.5 mm	-22.4%
	Medical device company that develops and manufactures insulin pumps.
8/2/10	Trius Therapeutics	TSRX	$50.0 mm	-19.4%
	Developing an antibiotic for serious gram-positive Staph infections.
05/27/10	GenMark Diagnostics	GNMK	$27.6 mm	-33.3%
	Offers a molecular diagnostics testing system to hospitals and labs.
4/21/10	Alimera Sciences	ALIM	$72.1 mm	-20.5%
	Developing an injectable implant to treat eye diseases.
04/08/10	Tengion	TNGN	$30.0 mm	-35.0%
	Developing functional neo-organs using a patient's own cells.
3/11/10	AVEO Pharmaceuticals	AVEO	$81.0 mm	-4.3%
	Developing a renal cell carcinoma drug similar to blockbuster Avastin.
02/28/10	Anthera Pharmaceuticals	ANTH	$42.0 mm	-45.0%
	Developing anti-inflammatory therapies for acute coronary syndrome and lupus.
2/2/10	Ironwood Pharmaceuticals	IRWD	$187.5 mm	-17.6%
	Developing a new treatment for irritable bowel syndrome and constipation.

Consumer

$0.8 bil

20.5%

39.4%

IPO Date	Company Name	Ticker	Deal Size	Return
08/11/10	MakeMyTrip Limited	MMYT	$70.0 mm	133.3%
	Largest online travel company in India.
8/4/10	Gordmans Stores	GMAN	$58.9 mm	-3.2%
	Everyday low price fashion retailer operating 68 stores in the Midwest.
07/15/10	RealD	RLD	$200.0 mm	0.2%
	Licenses 3D visual display technologies for motion pictures.
6/10/10	China New Borun	BORN	$40.1 mm	41.6%
	Leading producer of corn-based alcohol mostly for baijiu liquor in China.
05/12/10	Express	EXPR	$272.0 mm	-23.6%
	Limited Brands' specialty retailer targeting young men and women.
3/25/10	China Lodging Group	HTHT	$110.3 mm	88.4%
	Operates a leading chain of economy hotels in China under the HanTing brand.

Materials

$1.0 bil

-2.6%

-6.9%

IPO Date	Company Name	Ticker	Deal Size	Return
07/28/10	Molycorp	MCP	$393.8 mm	26.2%
	The only rare earth oxide (REO) producer in the Western Hemisphere.
5/13/10	Noranda Aluminum Holding	NOR	$80.0 mm	1.4%
	A vertically integrated producer of value-added aluminum products.
04/08/10	Metals USA Holdings	MUSA	$240.0 mm	-42.5%
	The ninth largest metal distributor in the US.
2/10/10	Graham Packaging	GRM	$166.7 mm	17.7%
	Leading supplier of plastic containers for food/beverage and other consumer products.
01/21/10	Cellu Tissue Holdings	CLU	$107.9 mm	-37.4%
	A North American producer of private label tissue products.

Business Services

$0.4 bil

3.1%

35.5%

IPO Date	Company Name	Ticker	Deal Size	Return
08/04/10	Ambow Education Holding	AMBO	$106.8 mm	-7.0%
	Provides education, test prep and IT career training services in China.
7/20/10	Camelot Information Systems	CIS	$146.7 mm	38.8%
	A leading provider of ERP and financial industry IT services in China.
06/29/10	HiSoft Technology Int'l	HSFT	$74.0 mm	105.8%
	Second largest China-based provider of outsourced IT and R&D services.
6/16/10	Higher One Holdings	ONE	$108.0 mm	4.3%
	Offers campus banking, financial aid disbursement and tuition payment services.

Capital Goods & Services

$0.6 bil

9.6%

9.4%

IPO Date	Company Name	Ticker	Deal Size	Return
06/28/10	Tesla Motors	TSLA	$226.1 mm	23.9%
	Manufactures high-performance electric vehicles and powertrain components.
5/4/10	Douglas Dynamics	PLOW	$112.5 mm	6.8%
	Largest provider of snowplows and sand and salt spreaders in North America.
02/10/10	Generac Holdings	GNRC	$243.8 mm	0.2%
	A private equity-backed manufacturer of standby generators.
1/28/10	China Electric Motor	CELM	$22.5 mm	6.9%
	Produces micro-motor products for household appliances, vehicles and other consumer devices.

Communications

$0.2 bil

4.5%

-18.7%

IPO Date	Company Name	Ticker	Deal Size	Return
05/13/10	Kingtone Wirelessinfo	KONE	$16.0 mm	-43.8%
	Offers mobile enterprise solutions to business and government agencies in China.
5/4/10	Charm Communications	CHRM	$74.2 mm	-13.7%
	Largest television advertising agency in China.
03/23/10	Calix	CALX	$82.3 mm	1.2%
	Provides broadband access equipment to small and mid sized service providers.

Transportation

$0.5 bil

-1.8%

-16.9%

IPO Date	Company Name	Ticker	Deal Size	Return
05/12/10	Roadrunner Transportation Systems	RRTS	$148.4 mm	-12.2%
	A leading non-asset based transportation and logistics services provider.
3/30/10	Scorpio Tankers	STNG	$162.5 mm	-18.0%
	Provides seaborne transportation via three Panamax tanker vessels.
03/09/10	Baltic Trading Limited	BALT	$228.2 mm	-20.4%
	Formed by Genco Shipping to acquire a spot market focused drybulk fleet.

Attribution Policy: The information contained herein is proprietary and copyrighted. The media is welcome to use our information and ideas, provided that the following sourcing is included: Renaissance Capital, Greenwich, CT (www.renaissancecapital.com).