Private equity was behind this week's two IPOs: both priced down and broke issue, finishing the week near the IPO price. These deals were quick turnarounds for their backers, each had bought the companies in the past 3 years. ...read more
Presidio, a reseller of IT products and solutions to middle-market businesses, raised $233 million by offering 16.7 million shares at $14, the low end of the range of $14 to $16. Presidio plans to list on the Nasdaq under the symbol PSDO. J.P. Morgan, Citi,...read more
The three notable deals on the IPO calendar are all PE-backed: women’s apparel retailer J.Jill (JILL), information technology reseller Presidio (PSDO) and high-end parka maker Canada Goose (GOOS).
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Presidio, which provides IT infrastructure services to middle-market businesses, announced terms for its IPO on Monday. The New York, NY-based company plans to raise $250 million by offering 16.7 million shares at a price range of $14 to $16. At the...read more
US IPO Weekly Recap: 2 lackluster debuts ahead of busy week
Private equity was behind this week's two IPOs: both priced down and broke issue, finishing the week near the IPO price. These deals were quick turnarounds for their backers, each had bought the companies in the past 3 years. ...read more
IT reseller Presidio prices IPO at $14, the low end of the range
Presidio, a reseller of IT products and solutions to middle-market businesses, raised $233 million by offering 16.7 million shares at $14, the low end of the range of $14 to $16. Presidio plans to list on the Nasdaq under the symbol PSDO. J.P. Morgan, Citi,...read more
US IPO Week Ahead: Private equity pivots to consumer and tech with 3 deals on the calendar
The three notable deals on the IPO calendar are all PE-backed: women’s apparel retailer J.Jill (JILL), information technology reseller Presidio (PSDO) and high-end parka maker Canada Goose (GOOS). ...read more
IT solutions reseller Presidio sets terms for $250 million IPO
Presidio, which provides IT infrastructure services to middle-market businesses, announced terms for its IPO on Monday. The New York, NY-based company plans to raise $250 million by offering 16.7 million shares at a price range of $14 to $16. At the...read more