PE-owned Presidio files for IPO

By Iris Dorbian — 2 weeks ago

Apollo Global-owned Presidio, an IT solutions provider in North America, has filed for an IPO. The number of shares of the stock as well as its pricing terms have yet to be set. J.P. Morgan and Citigroup will serve as the lead underwriters.

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VC-backed Frankly files for an IPO

By Iris Dorbian — 3 weeks ago

Frankly Inc, a content and monetization platform for broadcasters and media companies, 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 determined. Frankly has applied to trade on the NASDAQ. Roth Capital Partners will serve as the lead underwriter. Frankly’s backers include Matrix Partners.

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PE-backed Smart Sand goes public

By Iris Dorbian — 1 month ago

Smart Sand Inc, which is backed by Clearlake Capital, has debuted its IPO after pricing its 11.7 million shares at $11 per share. The stock began trading November 4, 2016 on the NASDAQ under the ticker symbol “SND.” Credit Suisse, Goldman Sachs and Jefferies are serving as the lead underwriters. Pennsylvania-based Smart Sand is a producer of industrial sand for the unconventional oil and gas industry.

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Silicon Valley VC confidence index jumps

By Mark Boslet — 1 month ago

The Silicon Valley Venture Capitalist Confidence Index rose sharply in the third quarter with investors excited about technology shifts they see ahead. The index climbed to 3.88 on a scale of 1 to 5 from 3.6 a quarter ago. It is compiled by Professor Mark Cannice at the University of San Francisco and was drawn […]

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GDS Holdings goes public

By Iris Dorbian — 1 month ago

China-based GDS Holdings Limited, a developer and operator of data centers, has debuted its IPO after pricing its 19.25 million shares at $10 per share. The stock began trading November 2, 2016 on the NASDAQ under the ticker symbol “GDS.” Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Citigroup Global Markets Inc., RBC Capital Markets LLC and China Renaissance Securities Limited are serving as the lead underwriters. GDS Holdings’ backers included SB China Venture Capital and Ping An Insurance.

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