Seven Austin IPOs this Year?
- June 16, 2011
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The company is the seventh in Austin to file an IPO this year. Freescale Semiconductor Inc. moved forward with its sale in May, raising a less than hoped for $783 million. Also last month, WhiteGlove House Call Health Inc. registered to complete a $31.6 million IPO, but that deal has yet to close. Austin-based VOC Energy Trust raised about $217.7 million, before expenses, with its initial public offering on May 10. Also, San Marcos-based Thermon officially went public on May 5 with expectations to raise about $120 million.
Earlier this year, HomeAway Inc. registered to complete a $230 million IPO and Newgistics Inc. filed for a $86.3 million offering.
Can’t remember ever seeing so many maturing companies in Austin (including OtherInbox, which just hit a million users, Bazaarvoice, Vast, and others). Oh, and HomeAway appears to be pricing at $24 or so…