ARA News

After Bats Global Markets (BATS) successful IPO last week (+21% first day), three more large, revenue producing companies raised $1.3 billion this week, more than doubling this year’s proceeds. Following Bats's lead, MGM Growth Properties and American Renal Associates also priced above the midpoint and traded up on their debuts, marking...read more

American Renal Associates Holdings, which operates 192 kidney dialysis clinics through joint ventures with physicians, raised $165 million by offering 7.5 million shares at $22, within the range of $20 to $23. American Renal Associates Holdings plans to list on the NYSE under the symbol ARA. BofA Merrill Lynch, Barclays, Goldman Sachs, Wells Fargo Securities and SunTrust Robinson...read more

After Bats successfully priced its upsized IPO (+21% first day), the market will be tested again in the week ahead with three additional large, established businesses coming to market. If all three price successfully, this would provide solid momentum for the IPO market heading into May and June, two of the most active months of the past ten years with 15+ deals a month on...read more

Amid an improving market backdrop, four deals are on the calendar to raise nearly $1.5 billion. The group represents a diverse range of established, growing businesses, which will be closely watched by the high number of companies in the IPO pipeline.