PMHC News

PharMEDium Healthcare Holdings, a national provider of compounded sterile preparations to acute care hospitals, withdrew its plans for an initial public offering on Tuesday. It originally filed in August 2015 with a proposed deal size of $100 million. It was acquired by AmerisourceBergen in a $2.58 billion cash deal first announced in October 2015. The company had been...read more

Continuing the recent trend, four out of five deals priced below the range. This week, five companies raised $765 million, pricing an average of 19% below their proposed midpoints. All four deals that priced below traded up, popping 10% on average and ending the week up 12%; the one that priced in its range dropped 6% in its first day and ended the week down...read more

PharMEDium Healthcare Holdings, a national provider of compounded sterile preparations to acute care hospitals, filed on Monday with the SEC to raise up to $100 million in an initial public offering. However, we believe this could be a placeholder for a larger offering. The Lake Forest, IL-based company, which was founded in 2003 and booked $430 million in sales for the 12...read more