ATTO News

11 IPOs priced during the week of September 29, but only 3 had any meaningful gains, including two tech deals and American Addiction Centers, a network of substance abuse treatment centers. The group raised $2.4 billion; 25% less than expected after frac sand maker Fairmount Santrol cut its deal size 60% to just $400 million. Fairmount was one of five offerings with private equity...read more

Atento, a Latin American call center operator carved out of Telefónica by Bain, raised $150 million by offering 10 million shares at $15, below the range of $19 to $22. Atento plans to list on the NYSE under the symbol ATTO. Morgan Stanley, Credit Suisse and Itau BBA acted as lead managers on the deal....read more

Heightened IPO activity continues with 11 IPOs set to raise $3.2 billion this week, following the nine companies that went public last week. The week ahead should see five private equity-backed IPOs, including four LBOs and one...read more

Atento, a Spanish customer relationship management provider owned by Bain Capital, announced terms for its IPO on Friday. The Madrid, Spain-based company plans to raise $300 million by offering 14.6 million shares (72% insider) at a price range of $19 to $22. At the midpoint of the proposed range, it would command a market value of $1.5 billion. Atento was founded in 1999 as...read more