NMG News

Two new companies joined the IPO pipeline during the first week of 2017. Blackstone's Invitation Homes (INVH), the nation's largest owner of single-family houses, filed for an IPO that we estimate will raise $1.5 billion or more. As a JOBS Act filer, the REIT could begin trading as early as the week of January 30. Following a string of recent filings from the...read more

Neiman Marcus Group, which is a leading luxury department retailer that operates 43 full-line stores in the US, withdrew its plans for an initial public offering on Friday. It originally filed in August 2015 with an estimated deal size of $1 billion. The Dallas, TX-based company was founded in 1907 and booked $5 billion in sales for the 12 months ended January 31, 2016. It had...read more

Will good things come to those who wait? In total, we estimate that as much as $7.0 billion that could have been raised in the 4Q15 from high-profile IPOs (mostly large LBOs) has now been pushed back to 2016. This has contributed to 2015 being the ...read more

The last week of September has 11 IPOs on the calendar – more IPOs than all of August 2015.  Out of 134 offerings so far in 2015, 61 have been health care companies. Next week, 7 out of the 11 IPOs on the calendar are health care. A large foodservice distributor and three...read more