5/22/15 Analyst IPO Blog
Five companies - no biotechs - went public in the past week and raised $1.0 billion. All five IPOs had positive returns and, even more rare, each one continued to trade up after the first day.
68 IPOs have raised $12 billion year-to-date, over 40% below 2014's level, but much closer to what we saw in '06, '07, '13 and the first half of '11 and '12. Assuming broader markets can weather the looming interest rate hike and remain stable, 2015 could still see over 200 companies go public.
There are no deals on the ...more
Bicapital, the largest financial services group in Guatemala with $12 billion in assets, filed on Friday with the SEC to raise up to $300 million in an initial public offering.
Just one international bank went public in the US last year - Grupo Aval Acciones y Valores S.A. ([AVAL]). Grupo Aval, Colombia's largest bank, was already traded on the Colombia Stock Exchange but is down 24% from its September 2014 US offering.
The Panama City, Panama-based company, which was founded in 1967 and booked $628 million in net interest and ...more
Alarm.com Holdings, a cloud-connected home security and energy platform with 2.3 million subscribers, filed on Friday with the SEC to raise up to $75 million in an initial public offering.
The Internet of Things (IoT) space saw fast-growing startup Nest acquired by Google in January 2014 for $3.2 billion.
The Vienna, VA-based company, which was founded in 2000 and booked $176 million in sales for the 12 months ended March 31, 2015, plans to list on the NASDAQ under the symbol [ALRM]. Alarm.com initially filed confidentially on May ...more
Gener8 Maritime, a PE-backed operator of 46 oil tankers formed from General Maritime and Navig8 Crude, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The New York, NY-based company, which was formed in 2015 and booked $391 million in pro forma historical sales for the 12 months ended March 31, 2015, plans to list on the NYSE under the symbol [GNRT]. Gener8 Maritime initially filed confidentially (as General Maritime prior to the merger) on November 12, 2014. Citi and UBS are the joint bookrunners ...more