BFL News

Levi Strauss (LEVI) is bringing its blue jeans back to public markets. This week the company filed for an IPO that we estimate could raise $750 million, coming as early as March. It's no wonder Levi is going public, based on its 2017 and 2018 financials, which saw sales growth of 8% and 14%, respectively. That's especially impressive given the current...read more

BankFlorida, a community bank with one branch in Southern Florida, postponed its IPO on Monday. It had filed to raise $42 million by offering 4.2 million shares at a price range of $9.50 to $10.50. At the midpoint, the bank would have been valued at $51 million. The Palm Beach Gardens, FL-based company was founded in 2007 and booked $3 million in revenue for the 12 months ended...read more

Railroad IPOs were hot in the 1850's, but two billionaires are bringing the industry back this week with an offering of Virgin Trains USA. In total, the week could see up to seven deals, but Virgin Trains USA's $510 million IPO is larger than the other six combined. These others are mostly small healthcare IPOs: ...read more

Four IPOs plan to raise $523 million in the week ahead. Biotechs are still a strong force in the IPO market with three early-stage immunotherapy plays on the docket, including two with proposed billion-dollar valuations. A micro-cap Florida bank rounds out the group. Two blank check companies are also on the week's ...read more