Renaissance Capital logo

ASV Holdings Priced, Nasdaq: ASV

Designs and manufactures loader equipment under ASV, Terex and CAT brands.

Industry: Industrials

First Day Return: +12.1%

Industry: Industrials

We design and manufacture a broad range of high quality compact track loader and skid steer loader equipment, marketed through a distribution network in North America, Australia and New Zealand under the ASV and Terex brands. We also serve as a private label original equipment manufacturer for several manufacturers, which accounted for 34% of our sales in 2015 and 25% of our sales in 2016. Our products are used principally in the construction, agricultural and forestry industries. As a full service manufacturer, we provide pre- and post-sale dealer support, after-sale technical support and replacement parts supplied from our dedicated logistics center. We also supply a limited version of our assembled undercarriage sets that exclude the suspension to Caterpillar for three versions of Caterpillar's multi-terrain CTL machines marketed under the CAT brand under a supply contract with Caterpillar.
more less
IPO Data
IPO File Date 03/24/2017
Offer Price $7.00
Price Range $8.00 - $10.00
Offer Shares (mm) 3.8
Deal Size ($mm) $27
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/11/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $27
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Grand Rapids, MN, United States
Founded 1983
Employees at IPO 153
Website www.asvllc.com

ASV Holdings (ASV) Performance