3/31/15 Analyst IPO Blog
Click here to view the full report.
2015 US IPO Market Off to a Slow Start
After a record year in 2014, the IPO market slowed dramatically in the first quarter of 2015. The 34 IPOs raised $5.4 billion, making
it the least active quarter by IPO count since the 1Q 2013 and the ...more
TransUnion, one of the three major credit bureaus in the US, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we estimate could raise $700 million or more.
Private equity firm Advent and Goldman Sachs (NYSE: GS) bought the company in February 2012 for $3 billion from Madison Dearborn and the Pritzker family.
The Chicago, IL-based company was founded in 1968 and booked $1.3 billion in sales for the 12 months ended December 31, 2014. G...more
Tankships Investment Holdings, which was carved out of DryShips to own 10 crude oil tankers, withdrew its plans for an initial public offering on Monday. It originally filed for a $100 million IPO in January 2015.
The Athens, Greece-based company was founded in 2010 and booked $163 million in sales for the 12 months ended December 31, 2014. TNKS. Credit Suisse, Barclays and DNB Markets were set to be the joint bookrunners on the deal....more
CoLucid Pharmaceuticals, a biotech developing treatments for migraine headaches, filed on Monday with the SEC to raise up to $86 million in an initial public offering.
The Burlington, MA-based company, which was founded in 2005, plans to list on the NASDAQ under the symbol [CLCD]. CoLucid Pharmaceuticals initially filed confidentially on February 24, 2015. Piper Jaffray and Stifel are the joint bookrunners on the deal. No pricing terms were disclosed....more