Renaissance Capital logo

UNVR News

Renaissance IPO Index - Notice of September 2015 Quarterly Changes

BABA

The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, September 18, 2015: Additions: Blue Buffalo Pet Products TransUnion Ultragenyx...read more

June 2015 was the most active month for IPOs since the Dotcom Bubble

June 2015 saw 35 initial public offerings, more than any month since August 2000, when 66 companies went public. Since then, there have now been just nine months with over 30 IPOs, including six in the past two years. The 35 June IPOs raised $5.9 billion, more than the $5.5 billion raised by the 34 IPOs...read more

US IPO Weekly Recap: 8 companies go public as Fitbit runs up 63%

FIT

Eight IPOs raised $2.3 billion this past week. High-growth consumer deals Fitbit and Fogo de Chão came out on top. This week featured a diverse set technology, consumer, energy, health care and industrial IPOs, none of which priced below the proposed midpoint. The largest first-day pops and drops tend to come from smaller companies, but Fitbit ($5 billion...read more

Univar prices IPO at $22, the high end of the range

UNVR

Univar, North America's leading chemicals distributor backed by CVC and CD&R, raised $770 million by offering 35 million shares (43% insider) at $22, the high end of the $20-$22 range. At the offer price, Univar commands a fully diluted market cap of $3.1 billion and an enterprise value of $5.9 billion. Univar will list on the NYSE under the symbol UNVR. Univar initially...read more