YDLE News

11 IPOs priced during the week of September 29, but only 3 had any meaningful gains, including two tech deals and American Addiction Centers, a network of substance abuse treatment centers. The group raised $2.4 billion; 25% less than expected after frac sand maker Fairmount Santrol cut its deal size 60% to just $400 million. Fairmount was one of five offerings with private equity...read more

Yodlee, which provides a SaaS platform that powers consumer-facing financial apps, raised $75 million by offering 6.3 million shares at $12.00, within the range of $11 to $13. Yodlee plans to list on the NASDAQ under the symbol YDLE. Yodlee initially filed confidentially on 3/21/2014. Goldman Sachs, Credit Suisse and BofA Merrill Lynch acted as lead managers on the deal....read more

Heightened IPO activity continues with 11 IPOs set to raise $3.2 billion this week, following the nine companies that went public last week. The week ahead should see five private equity-backed IPOs, including four LBOs and one...read more

Yodlee, which provides a SaaS platform for businesses to develop consumer-facing financial apps, announced terms for its IPO on Monday. The Redwood City, CA-based company plans to raise $75 million by offering 6.3 million shares at a price range of $11 to $13. At the midpoint of the proposed range, Yodlee would command a fully diluted market value of $375 million. Yodlee's...read more