PrinceRidge Acts as Lead Underwriter and Sole Bookrunner of Quinpario Acquisition Corp. IPO
August 14, 2013
ST. LOUIS, Aug. 14, 2013 /PRNewswire/ -- Quinpario Acquisition Corp. (NASDAQ: QPACU), a special purpose acquisition company (SPAC) formed by Mr. Jeffry N. Quinn and Quinpario Partners LLC, today announced that it has completed its initial public offering of 17,250,000 units at $10.00 per unit, for gross proceeds to the company of $172,500,000, which includes the underwriters' exercise of their over-allotment option in full. The units are listed on the Nasdaq Capital Market under the symbol "QPACU". Each unit consists of one share of common stock and one warrant to purchase an additional share at a price of $12.00.
"Quinpario Acquisition Corp. will leverage the experience of its executive leadership to target opportunities in the specialty chemicals and performance materials sectors, primarily focusing on acquiring companies with an enterprise value of up to $1 billion," said Mr. Jeffry N. Quinn, chairman, president and chief executive officer of Quinpario Acquisition Corp.
C&Co/PrinceRidge LLC acted as the sole book running manager and representative of the underwriters in the offering. Cantor Fitzgerald & Co. and Drexel Hamilton, LLC acted as co-managers.
Lester Brafman is Appointed CEO of PrinceRidge
June 3, 2013
PHILADELPHIA and NEW YORK, June 3, 2013 (GLOBE NEWSWIRE) -- Institutional Financial Markets, Inc. (NYSE MKT:IFMI) ("IFMI"), a financial services firm specializing in credit-related fixed income investments, today announced that it has appointed Lester Brafman as President, effective immediately. Mr. Brafman will also serve as Chief Executive Officer of C&Co/PrinceRidge LLC.
During an 11-year tenure at Goldman Sachs, Mr. Brafman served as Chief Operating Officer of Credit and Mortgage Trading, and as Head of High Yield and Distressed Trading. Mr. Brafman most recently served as a Managing Director of Leveraged Finance Sales at Goldman Sachs, covering accounts for leveraged loans, bonds, and CDs.
PrinceRidge Acts as Co-Manager in Rockwell Medical Follow-On Offering
May 20, 2013
WIXOM, MI--(Marketwired - May 20, 2013) - Rockwell Medical, Inc. (NASDAQ: RMTI), a fully-integrated biopharmaceutical company targeting end-stage renal disease (ESRD) and chronic kidney disease (CKD) with innovative products and services for the treatment of iron deficiency, secondary hyperparathyroidism and hemodialysis, announced today the closing of the sale of 13,196,721 common shares, including 1,721,311 shares of common to cover overallotments, at $3.05 per share in an underwritten public offering for an aggregate offering amount of approximately $40.3 million. The net proceeds from the offering, after commissions and other estimated offering expenses, were approximately $37.7 million. Rockwell Medical plans to use the net proceeds to fund SFP clinical trials and for other general corporate purposes.
Chardan Capital Markets, LLC acted as the sole book-running manager for the offering. Summer Street Research Partners acted as lead manager for the offering. C&Co/PrinceRidge LLC acted as co-manager for the offering.
PrinceRidge Parent, IFMI, Announces $13.7 Million Strategic Investment by Mead Park Capital Partners LLC and Cohen Bros. Financial LLC
Announces Management Transition & Restructuring of Board of Directors
May 10, 2013
PHILADELPHIA and NEW YORK, May 10, 2013 (GLOBE NEWSWIRE) -- Institutional Financial Markets, Inc. (NYSE MKT:IFMI) ("IFMI"), a financial services firm specializing in credit-related fixed income investments, today announced that it has entered into definitive agreements with Mead Park Capital Partners LLC ("Mead Park Capital") and Cohen Bros. Financial, LLC ("Cohen Bros. Financial"), pursuant to which each will make investments in the Company, totaling $13.7 million in the aggregate. Mead Park Capital is a vehicle advised by Mead Park Advisors LLC, a registered investment adviser and a subsidiary of Mead Park Holdings LP ("Mead Park"), and controlled by Jack J. DiMaio, CEO and founder of Mead Park, and Christopher Ricciardi, a partner in Mead Park and former President of IFMI. Cohen Bros. Financial is a limited liability company that is wholly-owned by Daniel G. Cohen, IFMI's Chairman and Chief Executive Officer.
Upon the closing of the transaction, Mr. DiMaio and Mr. Ricciardi will join the Company's Board of Directors. Mr. DiMaio will be named Chairman, and Mr. Cohen will be named Vice Chairman of the Board. In addition, Mr. Cohen has decided to transition to President and Chief Executive of IFMI's European operations and will continue to focus on growing the Company's European capital markets and asset management operations. The Board's Nominating and Corporate Governance Committee, along with Mr. Cohen, are currently undertaking a search for a successor to Mr. Cohen as Chief Executive Officer. Until a successor is appointed, Mr. Cohen will remain as IFMI's CEO.
PrinceRidge Acts as Co-Manager in a Senior Notes Offering for Saratoga Investment Corp.
May 3, 2013
NEW YORK, May 3, 2013 /PRNewswire/ -- Saratoga Investment Corp. (the "Company") (NYSE: SAR) announced that it has priced an underwritten public offering of $42.0 million in aggregate principal amount of 7.50% fixed-rate notes due 2020. The notes will mature on May 31, 2020, and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after May 31, 2016. Interest will be payable quarterly beginning August 15, 2013. The Company has granted the underwriters an option to purchase up to an additional $6.3 million in aggregate principal amount of notes. The offering is expected to close on May 10, 2013, subject to customary closing conditions. The Company intends to use the net proceeds from the offering to repay a portion of the outstanding indebtedness under its senior secured revolving credit facility and to fund new investment opportunities.
The Notes are expected to be listed on the New York Stock Exchange and to trade thereon within 30 days of the original issue date under the trading symbol "SAQ".
Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc., BB&T Capital Markets and William Blair are acting as joint book-running managers. Maxim Group LLC and National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc. are acting as lead managers. C&Co/PrinceRidge LLC, Dominick & Dominick LLC and Gilford Securities Incorporated are acting as co-managers.
PrinceRidge Acts as Co-Manager in Taminco IPO
April 23, 2013
ALLENTOWN, Pa., April 23, 2013 /PRNewswire/ -- Taminco Corporation (the "Company") announced today the closing of its previously announced initial public offering of 15,789,474 shares of common stock at a price to the public of $15.00 per share. The Company has granted the underwriters an option to purchase up to 2,368,421 additional shares at the initial public offering price less underwriting discounts and commissions. No selling stockholders are participating in the offering, including in respect of the additional shares subject to the option granted to the underwriters. The Company's common stock began trading on the New York Stock Exchange under the symbol "TAM" on April 18, 2013.
Citigroup Global Markets Inc., Goldman, Sachs & Co., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., Jefferies LLC, Morgan Stanley & Co. LLC and UBS Securities LLC acted as joint book-running managers for the offering, and Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., C&Co/PrinceRidge LLC, ING Financial Markets LLC, KBC Securities USA, Inc., Lebenthal & Co., LLC, SMBC Nikko Capital Markets Limited and Apollo Global Securities, LLC acted as co-managers.
PrinceRidge Opens Denver Office
April 2, 2013
PrinceRidge is pleased to announce the opening of its new Denver office, expanding local coverage for its diverse client base.
Daniel Cohen Announces Promotions at C&Co/ PrinceRidge
March 22, 2013
Please join me in warmly congratulating the following C&Co/PrinceRidge professionals on their recent and well deserved promotions. They have applied their excellent intellect and energies to best serve our clients and our firm and we thank them for this. They will all undoubtedly play key roles in the future success of our firm.
David Batalion, Managing Director
George Meillarec, Managing Director
Jim Meehan, Managing Director
Jeff Silberman, Managing Director
Steve Cocco, Executive Director
Justin Dillon, Executive Director
Michael Kinnear, Executive Director
Brendan Kissane, Executive Director
Aaron Books, Director
John Ford, Director
Michael Karlic, Director
Jake Kelly, Director
James Holmes, Vice President
Jane Tarnovsky, Head of Operations, Director
Red Farha, Associate
Danny Park, Associate
Jason Rasel, Associate
James Soltesz, Associate
PrinceRidge Shortlisted (Top 6) for ‘Best Bank Equity Research and Strategy’ in The Technical Analyst Awards 2013
February 27, 2013
PrinceRidge Acts as Co-Manager in a Senior Notes Offering for Atlas Resource Partners, L.P.
January 16, 2013
PHILADELPHIA--(BUSINESS WIRE)--Atlas Resource Partners, L.P. (NYSE: ARP) (“ARP” or “the Company”) announced today the pricing of a private offering of $275 million aggregate principal amount of 7 ¾% Senior Notes due 2021 issued at par. ARP intends to use the net proceeds from the offering to repay all borrowings under its term loan credit facility and a portion of the borrowings under its revolving credit facility. The offering is expected to close on January 23, 2013, subject to the satisfaction of customary closing conditions.