The IPO Buzz: IPO Candy and Clouds

The calendar for the week of March 17, 2014, priced 10 IPOs that raised slightly over $1 billion. By Friday’s close, eight were in the winner’s circle, two were unchanged, and the average gain for all 10 was 28.5 percent. (For more information, please click here: 2014 Pricings)

 

Moving on to the future, a couple of brand-name companies popped on to this week’s calendar: CBS Outdoor America and King Digital Entertainment.

 

CBS Outdoor America (CBSO – proposed) is a New York City-based lessor of advertising space on out-of-home advertising structures consisting of billboard displays and sites in the United States, Canada and Latin America. Note: The company filed to go public as a real estate investment trust. (For more information, please click here: CBS Outdoor Americas)

 

King Digital Entertainment (KING – proposed) is a Dublin, Ireland–based interactive entertainment company offering among other games, Candy Crush Saga, which is considered to be one of the largest interactive entertainment franchises of all time. (For more information, please click here: King Digital Entertainment plc)

 

2U, Inc. (TWOU – proposed) is a Landover, Maryland-based provider of cloud-based software-as-a-service solutions that enable nonprofit colleges and universities to deliver their educational services to their students. (For more information, please click here: 2U, Inc.)

 

Aerohive Networks (HIVE – proposed) is a Sunnyvale, California-based cloud-managed mobile networking platform provider. (For more information, please click here: Aerohive Networks)

 

Applied Genetic Technologies (AGTC – proposed) is an Alachua, Florida-based clinical-stage biotechnology company developing gene therapy products designed to transform the lives of patients with severe inherited orphan diseases in ophthalmology.

(For more information, please click here: Applied Genetic Technologies)

 

1347 Property Insurance Holdings (PIH – proposed) is a Baton Rouge, Louisiana-based property and casualty insurance holding company. (For more information, please click here: 1347 Property Insurance Holdings)

 

Bluerock Residential Growth REIT (BRG – proposed) is a New York City-based REIT formed to acquire well-located, institutional-quality apartment properties in demographically attractive growth markets across the United States. Upon completion of this offering, the company will own an interest in a portfolio of nine apartment properties located primarily in the Southeastern United States. (For more information, please click here: Bluerock Residential Growth REIT)

 

Square 1 Financial (SQBK – proposed) is a Durham, North Carolina-based bank offering a broad range of financial services to entrepreneurs, growing entrepreneurial companies and the venture capital and private equity communities throughout the United States. (For more information, please click here: Square 1 Financial)

 

 

Everyday Health (EVDY – proposed) is a New York City-based provider of digital health and wellness solutions that can be accessed anytime and anywhere a health-related decision is made. The Everyday Health portfolio of properties consists of about 25 websites, 26 mobile applications, seven YouTube shows, 31 social media destinations with over 6 million followers and an Emmy-nominated broadcast television show. (For more information, please click here: Everyday Health)

 

Nord Anglia Education (NORD – proposed) is a Hong Kong-based international operator of premium schools. Nord claims to have over 17,000 students in grades K-12 at 27 schools in China, Europe, ME/SEA and North America. (For more information, please click here: Nord Anglia Education)

 

TriNet Group (TNET – proposed) is a San Leandro, California-based provider of a comprehensive human resources solution for small to medium-sized businesses. Note: TriNet has been in business since 1988 and reported net income of $13.1 million on revenues of $1.6 billion for the year ended Dec. 31, 2013. (For more information, please click here: TriNet Group)

 

Looking into next week, the calendar has two IPOs. But more names could pop onto the IPO launching pad by the time that Monday, March 31, rolls around.

 

 

Stay tuned.