US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

US IPOs and Secondary Offerings

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

Our written research includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

IPOs and Secondary Offerings

Equity Capital Markets

<ul>
<li>After the deal's order book finished multiple-times oversubscribed, the company priced at the lower-half of the range and opened for a minimal gain. </li>
<li>Buyers stepped in and rebounded the stock past its opening price and as high as $17.27 for a gain of 8% at its top-tick. </li>
<li>Value investors found favor in the secular tailwinds of US infrastructure and the positives this company will be able to extract as a newly-formed company. </li>
</ul>


After the deal's order book finished multiple-times oversubscribed, the company priced at the lower-half of the range and opened for a minimal gain. 
Buyers stepped in and rebounded the stock past its opening price and as high as $17.27 for a gain of 8% at its top-tick. 
Value investors found favor in the secular tailwinds of US infrastructure and the positives this company will be able to extract as a newly-formed company. 


Titan America (TTAM): Spin-Off Successful as US Infrastructure Play Finds a Bid in IPO Aftermarket

<ul>
<li>Spinoff of European Parent Titan Cement is seeking a potential $3b valuation.</li>
<li>The financial metrics of this company have been steadily improving which could lend a strong opportunity if priced attractively. </li>
<li>We will be taking a wait-and-see approach for our short-term time frame forecast regarding this deal versus the issue price.</li>
</ul>


Spinoff of European Parent Titan Cement is seeking a potential $3b valuation.
The financial metrics of this company have been steadily improving which could lend a strong opportunity if priced attractively. 
We will be taking a wait-and-see approach for our short-term time frame forecast regarding this deal versus the issue price.


Titan America (TTAM): Cement Producer IPO Spin-Off Poised for Growth Amid Favorable Industry Trends

<ul>
<li>Titan America is a leading vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services sets terms for its IPO. </li>
<li>Citigroup and Goldman Sachs are leading the IPO that could raise north of $400m. </li>
<li>The IPO is scheduled to debut on February 7th with the parent, Titan Cement, offering 62.5% of the shares in this offering. </li>
</ul>


Titan America is a leading vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services sets terms for its IPO. 
Citigroup and Goldman Sachs are leading the IPO that could raise north of $400m. 
The IPO is scheduled to debut on February 7th with the parent, Titan Cement, offering 62.5% of the shares in this offering. 


Titan America (TTAM): Cement Producer Seeking IPO Valuation North of $3bn, Set for February Debut

<ul>
<li>Company is a manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States</li>
<li>They have experienced 50% revenue growth, 150% net income growth and 65% Adjusted EBITDA growth from fiscal 2019 to fiscal 2023.</li>
<li>New York Stock Exchange to list the US unit of Brussels-based Titan Cement International SA</li>
</ul>


Company is a manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States
They have experienced 50% revenue growth, 150% net income growth and 65% Adjusted EBITDA growth from fiscal 2019 to fiscal 2023.
New York Stock Exchange to list the US unit of Brussels-based Titan Cement International SA


Titan America (TTAM): Peeking at the Prospectus of Potential February IPO for Titan Cement's US Unit

Greece

US unit of Titan Cement International SA.

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Titan America (TTAM US)

Titan America (TTAM): Spin-Off Successful as US Infrastructure Play Finds a Bid in IPO Aftermarket

Company priced toward the lower-half of the range and traded well marking the potential value investors seeing in the company and US infrastructure.

IPO Boutique

Titan America (TTAM): Cement Producer IPO Spin-Off Poised for Growth Amid Favorable Industry Trends

European parent Titan Cement spinoff aiming for $3b valuation with improving financial metrics, potential opportunity if attractively priced. Wait...

IPO Boutique

Titan America (TTAM): Cement Producer Seeking IPO Valuation North of $3bn, Set for February Debut

Titan America, a major building materials manufacturer, sets terms for IPO led by Citigroup and Goldman Sachs, aiming to raise over $400m with a...

IPO Boutique

Titan America (TTAM): Peeking at the Prospectus of Potential February IPO for Titan Cement's US Unit

Manufacturer of heavy building materials on the Eastern Seaboard sees significant financial growth, leading to listing on NYSE.

IPO Boutique

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Titan America (TTAM): Spin-Off Successful as US Infrastructure Play Finds a Bid in IPO Aftermarket

​Company priced toward the lower-half of the range and traded well marking the potential value investors seeing in the company and US infrastructure.

IPO Boutique

Titan America (TTAM): Cement Producer IPO Spin-Off Poised for Growth Amid Favorable Industry Trends

​European parent Titan Cement spinoff aiming for $3b valuation with improving financial metrics, potential opportunity if attractively priced. Wait...

IPO Boutique

Titan America (TTAM): Cement Producer Seeking IPO Valuation North of $3bn, Set for February Debut

​Titan America, a major building materials manufacturer, sets terms for IPO led by Citigroup and Goldman Sachs, aiming to raise over $400m with a...

IPO Boutique

Titan America (TTAM): Peeking at the Prospectus of Potential February IPO for Titan Cement's US Unit

​Manufacturer of heavy building materials on the Eastern Seaboard sees significant financial growth, leading to listing on NYSE.

IPO Boutique

Company priced toward the lower-half of the range and traded well marking the potential value investors seeing in the company and US infrastructure.

European parent Titan Cement spinoff aiming for $3b valuation with improving financial metrics, potential opportunity if attractively priced. Wait...

Titan America, a major building materials manufacturer, sets terms for IPO led by Citigroup and Goldman Sachs, aiming to raise over $400m with a...

Manufacturer of heavy building materials on the Eastern Seaboard sees significant financial growth, leading to listing on NYSE.