TPB News

This past week saw four IPOs raise over $400 million, making it the year's busiest week by deal count. The first venture capital tech IPO, Acacia Communications, had the year's best first-day pop (+35%), while CD&R's landscaping LBO, SiteOne, had the year's second-best debut (+27%). We attribute their success to strong business fundamentals, demonstrating growth and...read more

Turning Point Brands, which sells tobacco-related products in the US under the Zig-Zag and Stoker's brands, raised $54 million by offering 5.4 million shares at $10, below the range of $13 to $15. Turning Point Brands plans to list on the NYSE under the symbol TPB. Cowen & Company and FBR Capital Markets acted as lead managers on the deal....read more

The IPO market is scheduled to have its busiest week yet. As many as six companies could go public this week and raise a combined $555 million, including the first venture capital-backed tech IPO of the year. Optical network IPO helps VC tech see the light ...read more

After seven IPOs in a row outside the healthcare sector, four biotechs will attempt to price their IPOs in the week ahead, all with insider support. Looking more broadly, the next two weeks could see an increased number of launches if companies in the pipeline wish to complete their deals before the Memorial Day...read more