Skyline Advisors
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter

Partners for Strategic Transactions

Texas IT Firm SolarWinds Completes $375 Million IPO

10/22/2018

 
Per the New York Stock Exchange website, seven firms priced their IPOs last week, raising a combined $1.08 billion in capital. Four of the newly public firms are healthcare-focused companies, and they raised a total of $287 million. The largest IPO was the lone IT firm, SolarWinds, which raised $375 million. 
  • Si-Bone (NAS: SIBN), a producer of a back joint fusion implant, debuted on the Nasdaq stock exchange, raising $124 million. Si-Bone’s implant product is a titanium fixation system for the sacroiliac joint that uses its patented iFuseTM implant technology.

  • Chinese electronic scooter maker Niu Technologies (NAS: NIU) began trading on the Nasdaq exchange last week, raising $63 million dollars. Niu designs, manufactures, and sells high-performance smart e-scooters, having sold 431,500 scooters to markets around the globe as of June 30th.

  • Solar Winds (NYS: SWI), a Texas IT management software provider, raised $375 million in its IPO last week. The company provides a suite of IT products and services, including cybersecurity, database management, and network traffic management. This is the company’s second IPO – in 2016, it was taken private by Silver Lake Partners and Thoma Bravo.

  • Raising $70 million dollars, biotechnology firm LogicBio Therapeutics (NAS: LOGC) debuted on the Nasdaq stock exchange last week. LogicBio is a genome editing company, leveraging technology to develop medicines that harness a natural DNA repair process for pediatric patients facing rare and severe diseases.

  • Canadian cannabis producer Aurora Cannabis is set to begin trading on the NYSE Tuesday under the ticker ‘ACB.’ The firm currently trades on the Toronto Stock Exchange and has seen its market capitalization rise a dramatic 150% since the start of August. Recently, there has been a rush of capital invested into the medical and recreational marijuana industries thanks in part to Canada’s recreational legalization of the drug, as well as Constellation Brands’ $4 billion investment into medical marijuana marketer Canopy Growth.

Comments are closed.

    Archives

    May 2022
    January 2022
    November 2021
    August 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    December 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017

    Categories

    All
    Auto Sales
    Bankruptcies
    Capital Markets
    Confidence
    Corporate Profits
    Debt
    Economy
    GDP
    Holiday
    Housing
    Industrial Production
    Inflation
    Initial Public Offerings
    Interest Rates
    Inventories
    Jobs
    Manufacturing
    Mergers And Acquisitions
    Middle Market
    Prices
    Private Equity
    Productivity
    Retail Spending
    Rural Economy
    Small Business
    Stock Market
    Taxes
    Trade
    Venture Capital
    Wages

    RSS Feed

Picture
​Skyline Advisors is a division of Ideation Ventures, Inc. Services involving securities are offered through M&A Securities Group, Inc.4151 N Mulberry Drive Suite 252, Kansas City, MO, 64116  (“MAS") . Services involving real estate brokerage are offered through Berkshire Hathaway HomeServices Ambassador Real Estate ("BHHS"). Skyline, MAS, and BHHS are separate entities. 
​

COPYRIGHT 2020. ALL RIGHTS RESERVED.
Virtual Data Room
Company   Services   Team   Transactions   Industries   Reports   News
Photo used under Creative Commons from inkknife_2000 (8.5 million views +)
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter