Posted on: May 21, 2013 by Mark Boslet
PeHUB took a look at this year’s 18 venture-backed IPOs to see where the action has been. Its analysis shows that companies trading above their IPO price greatly outnumber those that have sunk below it. The score is 12 above to six below.
Tags: Chimerix, Cyan, Enanta Pharmaceutical, IPOs, Marketo, Rally Software, Silver Spring Networks, Tableau Software
Posted on: May 9, 2013 by joanna
Networking technology company Cyan posted flat first-day performance in its Thursday IPO. But the offering still stands to deliver moderately positive returns for venture backers, including Norwest Venture Partners and Azure Capital.
Tags: Azure Capital, Cyan, Focus Ventures, IPOs, Meritech Capital Partners, Norwest Venture Partners, Tenaya Capital
Posted on: April 12, 2013 by reuters-news
(Reuters) – Shares of Evertec Inc. rose as much as 10 percent in their market debut, valuing the payment processor at $1.75 billion. Apollo Global Management LLC, which acquired it from Puerto Rican lender Popular Inc. in September 2010, held a 51 percent stake in the company prior to the IPO.
Tags: Apollo Global, Evertec, Goldman Sachs, IPOs, JPMorgan Chase & Co., Popular Inc.
Posted on: February 8, 2013 by Timothy Keating
Pity the research analyst. In the 79 years since the 1934 publication of Benjamin Graham and David Dodd’s Security Analysis, no other job on Wall Street has been characterized by more reputational and financial volatility.
Tags: IPOs, Keating Capital, Timothy Keating
Posted on: January 2, 2013 by Mark Boslet
Venture-backed IPOs ended 2012 on a slow note with eight deals completed during the fourth quarter in the United States, leading the full-year to look quite similar to 2011.
Tags: IPOs, National Venture Capital Association, Workday
Posted on: November 23, 2012 by Mark Boslet
With nearly 11 months in the record books, 2012 stands out as the year of the enterprise and IT-related venture-backed IPO. Enterprise- and IT-related deals make up 40% of this year’s venture-funded initial public offerings, according to a peHUB analysis.
Tags: IPOs, Palo Alto Networks, ServiceNow, Splunk, Workday
Posted on: October 9, 2012 by Timothy Keating
In their latest report on the long-term ills affecting the IPO markets, David Weild and his co-authors laser lock on market structure and persuasively argue in a series of Grant Thornton white papers that increasing “tick” sizes will restore capital formation, jobs and investor confidence. Tick sizes? Yes, they’re talking about tick sizes (i.e., the minimum increment in which a stock can trade) and they’re right.
Tags: IPOs, JOBS Act, Keating Capital, Timothy Keating
Posted on: July 23, 2012 by Mark Boslet
Venture-backed companies mature enough to sell shares to the public haven’t been rushing the door. Only 10 companies have floated shares since the start of May. But those that have enjoy pretty good results.
Tags: Audience, Facebook, IPOs, Kayak Software, Palo Alto Networks, ServiceNow, Supernus Pharmaceuticals, WageWorks
Posted on: June 25, 2012 by reuters-news
Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking specialist Renaissance Group told Reuters.
Tags: investment banking, IPOs, M&A, Renaissance Group, Stephen Jennings
Posted on: June 12, 2012 by Lawrence J. Aragon
Cambridge Associates reports that limited partners received $93.6 billion from U.S. buyout funds in 2011, the largest annual amount it has recorded since it began tracking the data in 1986. Will the record distributions continue this year?
Tags: Cambridge Associates, distributions, IPOs, Limited Partners, M&A, Thomson Reuters