Ulta Prices IPO

Ulta Salon, Cosmetics & Fragrance, a Romeoville, Ill.-based beauty retailer and salon operator, has raised $153.71 million in its IPO. The company priced around 8.54 million common shares at $18 per share ($17-$18 range), which gives it an initial market cap of approximately $1.02 billion. Ulta trade on the Nasdaq under ticker symbol ULTA, while JPMorgan and Wachovia Securities served as co-lead underwriters. Shareholders include GRP Partners (26.3% pre-IPO stake), Doublemousse BV (22.5%) and Oak Investment Partners (12.9%). www.ulta.com