VC-backed Teladoc debuts IPO

Telehealth platform Teladoc has raised $156.75 million for its IPO after pricing its 8.25 million shares (originally planned at 7 million) at $19 per share. The stock began trading Wednesday on the New York Stock Exchange under the ticker symbol “TDOC.” J.P. Morgan Securities LLC and Deutsche Bank Securities Inc are the lead underwriters. Teladoc’s backers include Icon Ventures, FLAG Capital Management, Greenspring Associates, QuestMark Partners, Cardinal Partners, HLM Venture Partners, Kleiner Perkins Caufield & Byers, New Capital Partners and Trident Capital.

PE-backed ConforMIS goes public

Bedford, Massachusetts-based ConforMIS, a medical device company that makes joint replacement implants, has raised $135 million for its IPO after pricing its 9 million shares at $15 per share. The stock began trading Wednesday on the NASDAQ under the ticker symbol “CFMS.” J.P. Morgan and Deutsche Bank Securities are the lead underwriters. The company’s backers included AGC Equity Partners and Axel Johnson.

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VC-backed Teladoc sets IPO pricing terms

Dallas-based telehealth platform Teladoc has priced its IPO of 7 million shares at between $15 and $17 per share. The company plans on trading the stock on the New York Stock Exchange under the ticker symbol “TDOC.” J.P. Morgan Securities LLC and Deutsche Bank Securities Inc are serving as the lead underwriters. Teladoc’s backers include Icon Ventures, FLAG Capital Management, Greenspring Associates, Mellon, QuestMark Partners, Cardinal Partners, HLM Venture Partners, Kleiner Perkins Caufield & Byers, New Capital Partners and Trident Capital.

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CD&R-backed Univar prices IPO

Chemicals distributor Univar Inc has priced its IPO of 20 million shares at between $20 and $22 per share. Deutsche Bank Securities, Goldman, Sachs & Co and BofA Merrill Lynch are serving as the lead underwriters. Univar’s backers include Clayton, Dubilier & Rice LLP and CVC Capital Partners.

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Apollo to acquire OM Group for $34 per share

Apollo Global Management LLC has agreed to acquire OM Group, a diversified industrials company, for $34 per share in cash. Also, Platform Specialty Products will buy OM Group’s electronic chemicals and photomasks business from Apollo in two separate deals for a total cash consideration of $365 million. Following these transactions, Apollo will own OM Group’s magnetic technologies, battery technologies and advanced organics businesses. BNP Paribas is serving as financial advisor to OM Group while Deutsche Bank Securities Inc is doing likewise for OM Group’s board of directors. Also, Lazard and Credit Suisse are serving as financial advisors to Apollo.

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Fortress-owned FTAI debuts IPO

Fortress Transportation and Infrastructure Investors LLC, which owns and acquires transportation-related infrastructure and equipment, has raised $34 million for its IPO after pricing its 20 million shares at $17 per share. The stock began trading Friday on the NYSE under the ticker symbol “FTAI.” Citigroup Global Markets Inc., BofA Merrill Lynch, Barclays Capital Inc, Deutsche Bank Securities Inc and UBS Securities LLC are the lead underwriters. FTAI is owned by Fortress Investment Group.

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VC-backed digital advertising company MaxPoint goes public

MaxPoint Interactive Inc has debuted its IPO of 6.5 million shares after pricing it at $11.50 per share. The stock began trading Friday on the NYSE under the ticker symbol “MXPT.” Goldman Sachs, Deutsche Bank Securities and Pacific Crest Securities are serving as lead underwriters. MaxPoint Interactive is a digital advertising company that helps brands increase in-store sales. It is backed by Madrona Venture Group and Trinity Ventures.

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VC-backed MaxPoint Interactive sets IPO pricing terms

According to an amended SEC filing. MaxPoint Interactive has priced its IPO of 6.5 million shares between $10.50 and $12.50 a share. The company plans on listing the stock on the NYSE under the ticker symbol “MXPT.” Goldman Sachs, Deutsche Bank Securities and Pacific Crest Securities are serving as lead underwriters. MaxPoint Interactive is a digital advertising company that helps brands increase in-store sales. It is backed by Madrona Venture Group and Trinity Ventures.

 

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VC-backed semiconductor company Easic files for IPO

Santa Clara, California-based semiconductor company Easic Corp 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. The company plans on listing the IPO on the NASDAQ under the ticker symbol “EASI.” Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc will serve as the lead underwriters. Easic’s backers include Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures, Seagate Technology and Evergreen Partners.

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Costa joins Benefit Street Partners

Ray Costa has joined Benefit Street Partners, the credit investment arm of Providence Equity Partners, as an MD. Costa was previously an MD and Co-Head of Deutsche Bank Securities credit trading in North America.

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VC-backed MaxPoint files for IPO

MaxPoint Interactive, a digital advertising company that helps brands increase in-store sales, has filed for an IPO. The number of shares that will be sold as well as the pricing terms have yet to be set. Goldman Sachs, Deutsche Bank Securities Inc and Pacific Crest Securities LLC will serve as the lead underwriters. The company plans on listing the stock on the NYSE under the ticker symbol “MXPT.” MaxPoint is backed by Madrona Venture Group and Trinity Ventures.

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American Securities-backed MPG rolls out IPO

Metaldyne Performance Group, which is owned by American Securities, has raised $150 million for its IPO after pricing its 10 million shares at $15 per share. The stock began trading Friday on the NYSE under the ticker symbol “MPG.” BofA Merrill Lynch, Goldman Sachs, Deutsche Bank Securities, Barclays Capital, Credit Suisse Securities (USA) and RBC Capital Markets are the lead underwriters. Headquartered in Plymouth, Michigan, MPG is a provider of powertrain components.

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Goldman, Rhône Capital buy Neovia Logistics

Platinum Equity said Monday it sold Neovia Logistics to Goldman Sachs and Rhône Capital. Financial terms weren’t announced. Neovia Logistics provides warehouse management and fulfillment services, distribution solutions and logistics services. Platinum Equity acquired 65 percent of the business, formerly Caterpillar Logistics Services, in July 2012 while Caterpillar retained a 35 percent stake. Macquarie Capital and UBS served as financial advisors to Platinum Equity. Goldman Sachs and Deutsche Bank Securities acted as financial advisors to the buyer.

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Eagle Point Credit Company debuts IPO

Greenwich, Conn.-based asset manager Eagle Point Credit Company has raised about $103.1 million for its IPO after pricing its over 5.15 million shares at $20 per share. The stock began trading Wednesday on the NYSE under the ticker symbol “ECC.” Deutsche Bank Securities and Keefe, Bruyette & Woods are the lead underwriters.

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Dutch biotech firm ProQR Therapeutics debuts IPO

ProQR Therapeutics said Thursday that it has priced its IPO of 7.5 million shares at $13 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol “PRQR.” Leerink Partners and Deutsche Bank Securities are serving as lead underwriters. Based in the Netherlands, ProQR Therapeutics is a biopharmaceutical firm focused on treating severe genetic disorders.

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