HIFR News

Ten IPOs raised $1.2 billion in a week dominated by eight health care IPOs and distinguished by two deals that gained over 100% on the first day - fast casual burger chain Shake Shack and gene therapy biotech Spark Therapeutics. There were more health care IPOs this past week than any week in 2014, a year that had over 100 from the sector. With 14 IPOs to date, January 2015 fell...read more

Twelve IPOs are set to raise $1 billion in the upcoming week, which would make it the busiest five-day stretch for IPOs since the week of July 28. Shake Shack's IPO offers investors a chance to own a fast-growing fast casual concept based in New York. Ten of the twelve deals are health care, as last year's most popular sector continues to outperform. Assuming they all price, there...read more

InfraREIT, a REIT formed to own electric transmission and distribution assets in Texas, announced terms for its IPO on Tuesday. The Dallas, TX-based company plans to raise $400 million by offering 20 million shares at a price range of $19 to $21. At the midpoint of the proposed range, InfraREIT would command a fully diluted market value of $1.2 billion. InfraREIT, which was...read more

InfraREIT, a REIT formed to own electric transmission and distribution assets in Texas, filed on Friday with the SEC to raise up to $400 million in an initial public offering. The Dallas, TX-based company, which was founded in 2001 and booked $119 million in sales for the 12 months ended September 30, 2014, plans to list on the NYSE under the symbol HIFR. InfraREIT initially...read more