VC-backed Apptio files for IPO

By Iris Dorbian — 16 hours ago

Bellevue, Washington-based Apptio, a provider of tech business management software, has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. Goldman Sachs, J.P. Morgan Securities LLC and BofA Merrill Lynch will serve as the lead underwriters. Apptio’s backers include Janus Capital, the Hillman Company, Andreessen Horowitz, Greylock Partners, Madrona Venture Group, Shasta Ventures and T. Rowe Price Associates.

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VC-backed Trade Desk files for IPO

By Iris Dorbian — 7 days ago

Ventura, California-based The Trade Desk, a global tech platform provider for advertising buyers, has filed for an IPO. The number of shares that will be sold as well as its pricing terms have yet to be set. The company plans on trading the stock on the NASDAQ under the ticker symbol “TTD.” Citigroup, Jefferies and RBC will serve as the lead underwriters. Trade Desk’s backers include IA Ventures, Founder Collective, Wellington Management and Highwind.

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PE-backed Medpace debuts IPO

By Iris Dorbian — 3 weeks ago

Cincinnati-based Medpace Holdings Inc, a clinical contract research organization focused on the biotech, pharmaceutical and medical device sectors, has raised $161 million for its IPO after pricing its 7 million shares at $23 per share. The stock began trading August 11 on the NASDAQ under the ticker symbol “MEDP.” Jefferies LLC and Credit Suisse Securities (USA) LLC are serving as the lead underwriters. Medpace is backed by Cinven.

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VC-backed Talend rolls out IPO

By Iris Dorbian — 1 month ago

Redwood City, California-based software company Talend SA has raised about $95 million for its IPO after pricing its 5.25 million shares at $18 per share. The stock began trading July 29 on the NASDAQ under the ticker symbol “TLND.” Goldman Sachs, J.P. Morgan Securities LLC, Barclays Capital Inc and Citigroup Global Markets Inc will serve as the lead underwriters. Talend’s backers included Silver Lake Sumeru, Idinvest Partners and Balderton Capital.

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PE-backed Kinsale Capital debuts IPO

By Reuters News — 1 month ago

Kinsale Capital Group, which is backed by Moelis Capital Partners and Virginia Capital Partners, has raised about $106 million for its IPO after pricing its 6.6 million shares at $16 per share. The stock began trading July 28 on the NASDAQ under the ticker symbol “KNSL.” J.P. Morgan Securities LLC and William Blair & Company LLC are serving as the lead underwriters. Based in Richmond, Virginia, Kinsale Capital is a holding company for Kinsale Insurance Company, which focuses on hard-to-place property, casualty and specialty risks.

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Carlyle to sell remaining Axalta Coating stake

By Luisa Beltran — 1 month ago

Carlyle Group is exiting Axalta Coating Systems Ltd. Carlyle is selling about 41.6 million shares of Axalta in a secondary offering. Following the transaction Carlyle will not beneficially own any of Axalta’s common shares, other than de minimis amounts held or owned from time to time in the ordinary course of business. Carlyle acquired Axalta, a former Dupont unit that makes liquid and powder coatings for the automotive and general transportation industries, in February 2013 for $4.9 billion, Reuters has reported. Axalta went public in November 2014.

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PE-backed TPI debuts IPO

By Iris Dorbian — 1 month ago

TPI Composites, a maker of composite wind blades for the wind energy sector, has raised almost $69 million for its IPO after pricing its 6.25 million shares at $11 per share. The stock began trading July 22, 2016 on the NASDAQ under the ticker symbol “TPIC.” J.P. Morgan and Morgan Stanley are serving as the lead underwriters. TPI’s backers included Element Partners, Landmark Partners, NGP Energy Technology Partners, Angeleno Group and GE Capital.

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VC-backed Impinj rolls out IPO

By Iris Dorbian — 1 month ago

Seattle-based Impinj Inc, a provider of solutions for identifying, locating and authenticating everyday items, has debuted its IPO after pricing its 4.8 million shares at $14 per share. The stock began trading July 21, 2016 on the NASDAQ under the ticker symbol “PI.” RBC Capital Markets, Pacific Crest Securities and Piper Jaffray are serving as lead underwriters. Impinj’s backers included ARCH Venture Partners, Intel Capital, Polaris Partners, Madrona Venture Group and GF Private Equity.

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VC-backed Audentes debuts IPO

By Iris Dorbian — 1 month ago

San Francisco-based Audentes Therapeutics, a developer of gene therapy products for patients with serious, life-threatening rare diseases, has raised $75 million for its IPO after pricing its 5 million shares at $15 per share. The stock began trading July 20, 2016 on the NASDAQ under the ticker symbol “BOLD.” BofA Merrill Lynch, Cowen and Company and Piper Jaffray are serving as the lead underwriters. Audentes’ backers included Deerfield Management, Sofinnova Ventures, Venrock, OrbiMed, 5AM Ventures and Versant Ventures.

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Oaktree-backed AdvancePierre debuts IPO

By Iris Dorbian — 2 months ago

AdvancePierre Foods Holdings Inc, which is backed by Oaktree Capital Management LP, has priced 18.6 million shares of its IPO at $21 per share. The stock began trading July 15, 2016 on the New York Stock Exchange under the ticker symbol “APFH.” Barclays, Credit Suisse and Morgan Stanley are serving as the lead underwriters. Based in Cincinnati, AdvancePierre is a provider of ready-to-eat sandwiches, sandwich components and other entrées.

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