Deerfield, Illinois-based Textura Corp., a provider of collaboration and productivity tools for the construction industry, recently priced its planned initial public offering of 5,000,000 common shares at US$15.00 per share. It was subsequently reported by Reuters that the company raised US$75 million on the New York Stock Exchange (NYSE symbol: TXTR). Textura is a portfolio company of Toronto-based venture capital firm Northwater Capital Management.
Textura Corporation (the “Company”) today announced the pricing of its initial public offering of 5,000,000 shares of common stock at a price to the public of $15.00 per share. The Company has granted the underwriters an option to purchase up to 750,000 additional shares at the initial public offering price less underwriting discounts and commissions. The Company’s common stock is expected to begin trading on the New York Stock Exchange under the symbol “TXTR” on June 7, 2013. The offering is expected to close on June 12, 2013, subject to customary closing conditions.
Credit Suisse and William Blair are acting as joint book-running managers for the offering, and JMP Securities, Oppenheimer & Co. and Barrington Research are acting as co-managers.
The offering of these securities will be made only by means of a prospectus. A copy of the prospectus may be obtained by contacting Credit Suisse Securities (USA) LLC, Attention:
Prospectus Department, One Madison Avenue, New York, New York 10010, or by telephone at 1-800-221-1037, or by email at firstname.lastname@example.org, or William Blair & Company, L.L.C., 222 W. Adams St., Chicago, IL 60606, or by email at email@example.com, or by telephone at 1-800-621-0687. A registration statement relating to the Company’s common stock has been filed with and declared effective by the Securities and Exchange Commission.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
Textura is a provider of collaboration and productivity tools for the construction industry.
Investor Contact: firstname.lastname@example.org
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