Staff Writer
CHARLOTTESVILLE, Va. – Value America Inc., an online retailer of business and consumer technology products went public April 8, offering 5.5 million shares of common stock. The stock priced at $23, slightly above the company’s $20 to $22 filing range. Underwriters include BancBoston Robertson Stephens, Volpe Brown Whelan & Co. and The Robinson-Humphrey Co. Union […]
SANTA CLARA, Calif. – Extreme Networks Inc., a provider of switching solutions for local area networks, or LANs, held an initial public offering April 8, offering 7 million shares of common stock. The stock priced at $17, well above the $13 to $15 filing range. There were no selling shareholders. Venture backers included AVI Capital […]
PALO ALTO, Calif. – Informatica Corp., a provider of software solutions, went public April 28, offering 2.75 million shares of common stock. The stock priced at the company’s offering price of $16 apiece. Partech Entities, Bay Partners, Integral Capital, Weiss, Peck & Greer Entities and Discovery Ventures I L.L.C. were venture backers. There were no […]
CHICAGO – GTCR Golder Rauner, L.L.C., founded in 1980 under the name Golder, Thoma, Cressey, Rauner, Inc., is a private equity firm that invests in the information technology, marketing, niche financing, payroll processing and education/training industries. Two years ago, Golder Thoma split into two firms, GTCR Golder Rauner and Thoma, Cressey Equity Partners – due […]
MINNEAPOLIS, Minn. – BUCA Inc., which owns and operates 21 full-service BUCA di BEPPO restaurants, went public April 21, offering 3.07 million shares at $12 apiece. The stock priced near the top of the company’s $10.50 to $12.50 filing range. Norwest Equity Partners V, Consumer Venture Partners II, Northwood Ventures, Regent Capital Partners, Walden Investors, […]
CHICAGO – William Blair Capital Partners, L.L.C., founded in 1982, invests in early- to expansion-stage companies, as well as buyouts and recapitalizations. The firm prefers to invest in the health-care, software, business and customer service sectors throughout the mid-Atlantic region between the Rocky and Appalachian mountain ranges. William Blair has backed more than 125 companies […]
For general partners who ask themselves how their competitors market returns, value unrealized gains and choose appropriate benchmarks, this article might shed some light. Following are comments and statistics on how the private equity industry markets its performance data based on an examination of 75 private equity offering memoranda (OM). The sample is made up […]
MEMPHIS, Tenn. – Accredo Health Inc., a marketer of specialized pharmaceutical products for patients with costly chronic diseases, went public April 15 offering 3 million shares of common stock. The stock priced at $16, in the middle of the company’s $15 to $17 filing range. Welsh, Carson, Anderson & Stowe VII was the only venture […]
DUBLIN, Ireland – Agincourt Capital, a new independent Irish venture capital firm founded by a group of more than 25 Irish and American businessmen with strong contacts and experience in the technology sector, aims to raise $200 million for investment in early-stage Irish technology companies with the potential to tap the North American market. Despite […]
WELLESLEY, Mass./SAN MATEO, Calif. – Having recently wrapped a $400 million fund, Battery Ventures is boosting the staff in its East and West Coast offices. Tony Abate joined Battery in early April as a principal from J.H. Whitney & Co., where he spent three years as a vice president spearheading deals in telecommunications services and […]