JPEP 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

JP Energy Partners LP, an MLP that owns a diverse set of midstream energy assets, raised $275 million by offering 13.8 million shares at $20, within the range of $19 to $21. JP Energy Partners LP plans to list on the NYSE under the symbol JPEP. Barclays, BofA Merrill Lynch, Deutsche Bank and RBC Capital Markets 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

Investors have been favorable toward oil and gas asset IPOs carved out of larger energy players in 2014. Required to distribute the cash they generate, these master limited partnerships (MLPs) offer reliable yields with the potential to grow depending on the oil and gas production of the parent. We now have two of these midstream MLPs on the IPO calendar for ...read more