Forum Energy Technologies, a global products and services provider for the oil and natural gas industries, raised $379 million by offering 18.9 million shares (21% insider) at $20, at the high end of the proposed $18 to $20 range. The company had originally planned to offer 15.8 million shares (17% insider). Private equity firm Tinicum LP is expected to invest $50 million in a concurrent private placement. Forum Energy Technologies plans to list on the NYSE under the symbol FET. J.P. Morgan, BofA Merrill Lynch, Credit Suisse, Citigroup, and Deutsche Bank Securities acted as lead managers on the deal.
