Summit Materials IPO Advisory
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Company |
Symbol |
Price Range |
Issue Price |
Open |
Shares |
Trade Date |
Summit Materials | SUM - NYSE |
$17.00-$19.00 |
$18.00 |
$20.16 | 22.2 million | 3/12/2015 |
Citigroup, Goldman Sachs & Co., BofA Merrill Lynch, Barclays, Deutsche Bank Securities, RBC Capital Markets |
Co-Manager(s): Blackstone Capital Markets, BB&T Capital Markets, Stephens Inc., Sterne Agee, Stifel |
Materials |
Filing(s): Filed 2014-12-18 Terms Added 2015-03-02
|
For IPO Boutique's "scale of 1 to 5" BUY rating on Summit Materials, and our comprehensive analysis, click "Buy Market Research".
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SUM
About Summit Materials (adapted from Summit Materials prospectus):
They are one of the fastest growing heavy-side construction materials companies in the United States, with a 126% increase in revenue between the year ended December 31, 2010 and the year ended December 28, 2013, as compared to an average increase of approximately 17% in revenue reported by our competitors over the same period.
This description is adapted from prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.
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