BWAY Holding Co., an Atlanta-based manufacturer of rigid metal and plastic containers, raised $150.6 million via its IPO, by pricing 10.04 million common shares at $15 per share ($16-$18 range). The IPO values BWAY at approximately $324 million. It will trade on the NYSE under ticker symbol BWY, while Goldman Sachs and Banc of America […]
Biofuel Energy Corp., a Denver-based ethanol producer, raised $55 million in its IPO, by pricing 5.25 million common shares at $10.50 per share. It originally filed to raise $300 million, by pricing 9.5 million shares at between $16 and $18 per share (later revised downward to $13-$14). The IPO gives BioFuel a market cap of […]
SS&C Technologies Inc., a Windsor, Conn.-based financial management software provider owned by The Carlyle Group, has filed for a $200 million IPO. It plans to trade on the Nasdaq under ticker symbol SSNC, with Morgan Stanley, Credit Suisse and Morgan Stanley serving as co-led underwriters. SS&C reported 2006 revenue of approximately $205.5 million. www.ssctech.com
Richard L. Clemmer has joined Kohlberg Kravis Roberts & Co. (KKR) as a senior advisor. Clemmer most recently was CEO of semiconductor company Agere Systems. www.kkr.com
NEW YORK (AP) – Small investors looking to buy a stake in private-equity powerhouse Blackstone Group might want to look elsewhere for the time being — the first pass in its much-hyped initial public offering is likely to go exclusively to Wall Street's elite. Top executives at the nation's second-largest buyout shop are set to […]
Avista Capital Partners has closed its debut fund with $2 billion in capital commitments, including $161 million from the general partners. Merrill Lynch served as placement agent. The New York-based firm was formed in 2005 by seven former partners who worked together at DLJ Merchant Banking, and focuses on buyout opportunities in the energy, healthcare […]
Geovera Insurance Holdings Ltd., a Bermuda-based residential property insurer, said that its $115 million IPO has been postponed indefinitely due to “market conditions.” JPMorgan and Merrill Lynch are serving as co-lead underwriters. Shareholders include Hellman & Friedman (65.1% pre-IPO stake) and Friedman Fleischer & Lowe (32.5%).
M-Factor Inc., a San Mateo, Calif.-based provider of marketing analysis software, has raised $10.1 million in Series C funding, according to a regulatory filing. Return backers include Bay Partners and U.S. Venture Partners. It has now raised over $16 million in total VC funding since its 2003 inception. www.m-factor.com
deviantART Inc., a Hollywood, Calif.-based online art community, has raised $3.5 million in Series A funding, according to a regulatory filing. Listed shareholders include DivX Inc. www.deviantart.com
SmartSheet Inc., a Bellevue, Wash.-based provider of Web-based software for managing events, processes or projects, has raised $2.69 million in Series A-4 funding led by Madrona Venture Group, according to a regulatory filing. www.smartsheet.com