SGRY News

Home, home below the range: all five deals this week priced below the range.  There were eleven companies on the IPO calendar this week, but only five were able to price, and each of those priced at least 19% below their...read more

Due to heightened market volatility stemming from economic growth concerns in China and uncertainty surrounding an interest rate hike in the United States, the global IPO market slowed dramatically in the third quarter. IPO issuance stagnated as quarterly proceeds plummeted 77% year-over-year to $13.6 billion, the lowest quarterly proceeds level since the 1Q12. Excluding...read more

Surgery Partners, which owns or operates 99 surgical facilities across 28 states, raised $271 million by offering 14.3 million shares at $19, well below the range of $23 to $26. Surgery Partners plans to list on the Nasdaq under the symbol SGRY. Surgery Partners initially filed confidentially on 4/22/2015. BofA Merrill Lynch, Goldman Sachs, Jefferies, Citi, Morgan Stanley, Credit...read more

The last week of September has 11 IPOs on the calendar – more IPOs than all of August 2015.  Out of 134 offerings so far in 2015, 61 have been health care companies. Next week, 7 out of the 11 IPOs on the calendar are health care. A large foodservice distributor and three...read more