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BlackLine, a Silver Lake SaaS company, files for a $100 million IPO

BL

BlackLine, a silver Lake-backed SaaS company offering tools for quarterly financial reporting, filed on Friday with the SEC to raise up to $100 million in an initial public offering. BlackLine, which currently operates in the red, has backing from Silver Lake. The Woodland Hills, CA-based company was founded in 2001 and booked $102 million in sales for the 12 months ended...read more

US IPO Weekly Recap: Three IPOs jump 40% in a week full of tech deals

HDP

Hortonworks (+65%), LendingClub (+56%) and New Relic (+48%) all had strong debuts in a week with six tech IPOs, the most in a week since 2000. The three 40%+ first-day pops were the most in a week since September 2013, when FireEye, Rocket Fuel and Benefitfocus all gained 80%+ (only FireEye remains above its offer price). While the three top performers all priced above the range,...read more

Workiva prices IPO at $14 midpoint

WK

Workiva, which offers a SaaS platform used by companies to manage SEC filings and other business processes, raised $101 million by offering 7.2 million shares at $14, the midpoint of the range of $13 to $15. Workiva plans to list on the NYSE under the symbol WK. Workiva initially filed confidentially on 9/3/2014. Morgan Stanley and Credit Suisse acted as lead managers on the deal....read more

Week ahead: 11 IPOs planned for the week of December 8 led by Lending Club and high growth tech

LC

The week ahead: high quality financial and technology IPOs 11 mostly high quality deals are on the IPO calendar to raise $2.7 billion during the week of December 8, 2014. Technology IPOs have been underrepresented in the second half of 2014, representing just 10% (12 IPOs)...read more