TLND News

Monday began the annual late-August lull in the IPO market, but even as deal flow cools, recent trading shows that growth IPOs are hotter than at any point this past year. In particular, several recent tech IPOs have been on a tear over the last few weeks. Their overall performance points to an increased risk appetite on the part of investors and suggests a pickup in activity when...read more

Four IPOs raised $315 million during the last week of the month, bringing July’s deal count to ten and signaling that IPO activity has not yet taken a vacation. Further evidence of a gradual tech IPO recovery materialized with cloud-based software provider Talend rocketing 42% higher on its debut, after pricing 13% above the midpoint.  On the other hand, cash-burning drug...read more

Talend, which provides an open source data integration platform to enterprise customers, raised $95 million by offering 5.3 million shares at $18, above the range of $15 to $17. Talend plans to list on the Nasdaq under the symbol TLND. Goldman Sachs, J.P. Morgan, Barclays and Citi acted as lead managers on the deal....read more

Four IPOs are slated for the last week of July, following a week where four deals averaged a 21% return. Two health care companies and an insurer join Talend. Major indices have been climbing to record highs, and a well-stocked pipeline leads us to believe that the will see no shortage of IPO activity going forward. ...read more