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LAUR News

Private Equity-backed IPOs: Spotlight on KKR

EYE

47 companies have gone public in 2017 with private equity backing, up 42% from the 33 IPOs during the full-year 2016. KKR has brought 4 IPOs to market in 2017, by far the most active PE firm in the IPO market. Its most recent offering, National Vision (EYE), trades 36% above its IPO price. read more

Renaissance Capital's 1Q17 US IPO Market Review

SNAP

The US IPO market began 2017 with a far stronger start than the 1Q16. Momentum continued through the quarter, ending with 25 IPOs raising nearly $10 billion. A diverse set of companies from various sectors went public, ending biotech’s multi-year run as the top contributor to deal flow. The long-awaited debut of Snap’s $3.4 billion IPO, the largest of a US tech company...read more

US IPO Weekly Recap: Snap files to raise $3 billion in a week with 4 IPOs

SNAP

The maker of the disappearing message app, Snap (SNAP) appeared on headlines in every major financial journal with its $3 billion IPO filing. The biggest tech IPO since Alibaba has rapid growth and massive losses, and at a reported $25 billion valuation it will no doubt be the most-watched IPO in years. However, Snap's pop should have little impact on the...read more

School of hard knocks: Laureate Education prices upsized IPO well below the range at $14

LAUR

Laureate Education, the world's largest for-profit higher education company, raised $490 million by offering 35 million shares (all primary) at $14. The Baltimore, MD-based company originally planned to raise $537 million by offering 29 million shares $17 to $20. Top shareholder KKR (NYSE: KKR) intended to invest $50 million on the IPO (10% of the deal). Laureate Education...read more