CASA News

Two companies came public this week as 2017 comes to a close, although both faced pushback on pricing and were forced to revise terms down. Commercial real estate brokerage and advisory firm Newmark Group raised $280 million (54% less than originally planned) and came to market at a discounted valuation relative to its closest peers. ...read more

Casa Systems, a leading provider of software-centric CCAP products to broadband network operators, raised $78 million by offering 6.0 million shares at $13, as expected. Casa disclosed its new terms in a filing on Thursday; it had originally planned to raise $134 million by offering 8.4 million shares at a range of $15 to $17. Casa Systems plans to list on the Nasdaq under the...read more

Casa Systems, a leading provider of CCAP products to broadband network operators, lowered the proposed deal size for its upcoming IPO on Thursday. The Andover, MA-based company now plans to raise $78 million by offering 6 million shares at $13. The company had previously filed to offer 8.4 million shares at a range of $15 to $17. At the midpoint of the revised range, Casa...read more

Three IPOs are expected in the final major week of 2017. The week will be led by broadband cable vendor Casa Systems and commercial real estate brokerage and advisory firm Newmark Group.  Street research is expected for nine companies in the upcoming week, including e-mail marketing platform...read more