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PGND News

US IPO Weekly Recap: SHOP pops over 50% and all 5 IPOs trade up

SHOP

Five companies - no biotechs - went public in the past week and raised $1.0 billion. All five IPOs had positive returns and, even more rare, each one continued to trade up after the first day. 68 IPOs have raised $12 billion year-to-date, over 40% below 2014's level, but much closer to what we saw in '06, '07, '13 and the first half of '11 and '12....read more

Press Ganey prices IPO at $25, above the range

PGND

Press Ganey Holdings, which provides patient satisfaction survey and advisory services to healthcare providers, raised $223 million by offering 8.9 million shares at $25, above the range of $22 to $24. Press Ganey Holdings plans to list on the NYSE under the symbol PGND. Press Ganey Holdings initially filed confidentially on 2/12/2015. Barclays, Goldman Sachs, William Blair and...read more

Week ahead: 5 IPOs planned for the week of May 18

SHOP

Five IPOs are set to raise nearly $1 billion in the week ahead. With just seven technology IPOs to date, this could be the first time in 2015 that two tech companies go public in the same week. None of the five IPOs are health care (the sector saw some resistance ...read more

(Patient) survey says: Press Ganey sets terms for $205 million IPO

PGND

Press Ganey, which provides patient survey and advisory services to healthcare organizations, announced terms for its IPO on Monday. It is officially on file under the name PGA Holdings. The Wakefield, MA-based company plans to raise $205 million by offering 8.9 million shares at a price range of $22 to $24. At the midpoint of the proposed range, Press Ganey would command...read more