KRNT News

GoDaddy went public this week and performed better on its debut than any LBO from 2014. As we note in our new 1Q 2015 Quarterly Review, the first quarter slowed considerably - particularly in technology names - but GoDaddy's 33% gain is an...read more

Kornit Digital, which sells digital printing equipment and inks to the printed textile industry, raised $71 million by offering 7.1 million shares at $10, below the range of $13 to $15. Kornit Digital plans to list on the NASDAQ under the symbol KRNT. Kornit Digital initially filed confidentially on 12/10/2014. Barclays and Citi acted as lead managers on the deal....read more

The IPO market should end the first quarter with a bang as GoDaddy goes public during the shortened holiday week. GoDaddy to go public GoDaddy (GDDY) aims to raise $396 million at a market cap of $3 billion, or an enterprise value of about $4 billion. Acquired by KKR, Silver Lake and TCV for $2.25 billion in 2011, this domain name registrar behemoth manages...read more

Kornit Digital, which sells digital printing equipment and inks for the printed textile industry, announced terms for its IPO on Wednesday. The Rosh Ha'Ayin, Israel-based company plans to raise $99 million by offering 7.1 million shares at a price range of $13 to $15. At the midpoint of the proposed range, Kornit Digital would command a fully diluted market value of $434...read more