KAYAK sets terms for $82 million US IPO

KAYAK Software Corporation, which operates an online platform that allows consumers to compare flight, hotel and travel info, announced terms for its IPO on Monday. The Norwalk, CT-based company plans to raise $82 million by offering 3.5 million shares at a price range of $22.00 to $25.00. At the midpoint of the proposed range, KAYAK Software Corporation would command a market value of $1.0 billion.KAYAK...

Hi-Crush Patners files for $200 million IPO

Hi-Crush Partners LP, a producer of proppants used in recovering hydrocarbons from oil and nat gas wells, filed on Monday with the SEC to raise up to $200 million in an initial public offering. Notable shareholders include private equity-firm Avista Capital Partners.The Houston, TX-based company, which was founded in 2012 and booked $7 million in sales for the 12 months ended 3/31/2012, plans to list...

Palo Alto Networks sets terms for $220 million US IPO

Palo Alto Networks, which provides firewall products to 7,750 enterprise customers, announced terms for its IPO on Monday. The Santa Clara, CA-based company plans to raise $220 million by offering 6.2 million shares (24% insider) at a price range of $34.00 to $37.00. At the midpoint of the proposed range, Palo Alto Networks would command a market value of $2.8 billion.Palo Alto Networks, which was...

Fender Musical Instruments sets terms for $150 million US IPO

Fender Musical Instruments, an iconic guitar brand used by beginners, professionals and an array of top artists, announced terms for its IPO on Monday. The Scottsdale, AZ-based company plans to raise $150 million by offering 10.7 million shares (33% insider) at a price range of $13 to $15. At the midpoint of the proposed range, Fender Musical Instruments would command a market value of $399 million.For...

Hi-Crush Partners files for IPO of up to $200 million

Hi-Crush Partners LP filed with U.S. regulators on Monday to raise up to $200 million in an initial public offering of its common units.The Monroe County, Wisconsin-based company produces a type of sand called "proppants", used in a process called fracking in the oil and gas industry.The proceeds from the IPO will be used to repay debt and fund capital expenditure, the company told the U.S. Securities...