{"id":4361,"date":"2018-06-08T10:40:00","date_gmt":"2018-06-08T14:40:00","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4361"},"modified":"2018-06-08T10:40:00","modified_gmt":"2018-06-08T14:40:00","slug":"charah-solutions-inc-ipo-preview-chra","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/charah-solutions-inc-ipo-preview-chra\/","title":{"rendered":"Charah Solutions, Inc #IPO Preview ($CHRA)"},"content":{"rendered":"

\"CHRA\"<\/a><\/p>\n

Company: Charah Solutions, Inc.<\/strong>
\nSymbol: CHRA
\nDescription: They are a leading provider of mission-critical environmental and maintenance services to the power generation industry.
\nTrade Date: 6\/14
\nShares: 7.4 million
\nPrice Range: $16.00-$18.00
\nUnderwriter(s): Morgan Stanley, BofA Merrill Lynch, Stifel
\nCo-Manager(s): Macquarie Capital, First Analysis Securities, Houlihan Lokey
\nTerms Added: 6-4-18<\/p>\n

Link to Prospectus<\/a><\/strong><\/p>\n

Link to Retail Roadshow<\/a><\/strong><\/p>\n

Business<\/strong>:\u00a0They are a leading provider of mission-critical environmental and maintenance services to the power generation industry. We provide on-site, essential services that enable our clients to continue operations and provide necessary electric power to communities nationwide. In 2017, we performed work at 51 coal-fired and nuclear power generation sites nationwide. We are the only service provider offering a suite of coal ash management and recycling, environmental remediation and outage maintenance services. We also design and implement solutions for complex environmental projects (such as ash pond closures) and facilitate coal ash recycling through byproduct sales and other beneficial use services. We believe we are a partner-of-choice for the power generation industry due to our industry-leading quality, safety and compliance record, all of which are key criteria for our customers.<\/p>\n

FINANCIALS:<\/strong>\u00a0\u00a0For the fiscal year ended December\u00a031, 2017, they generated revenue, net income (loss) and Adjusted EBITDA of $430.4 million, $12.8 million and $76.0 million, respectively ($421.2\u00a0million, $18.3\u00a0million and $76.4\u00a0million, respectively, for the period from January\u00a013, 2017 through December\u00a031, 2017 and $9.1\u00a0million, $(5.5)\u00a0million and $(0.4)\u00a0million, respectively, for the period from January\u00a01, 2017 through January\u00a012, 2017). For the three months ended March\u00a031, 2018, they generated revenue, net income and Adjusted EBITDA of $155.5 million, $1.2 million and $17.4 million, respectively<\/p>\n

\"CHRA.jpg\"<\/a><\/p>\n

Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n

IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n

Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here’s a 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique’s service.<\/p>\n

Indicate with confidence,\u00a0<\/b>SUBSCRIBE<\/b><\/a>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Company: Charah Solutions, Inc. Symbol: CHRA Description: They are a leading provider of mission-critical environmental and maintenance services to the power generation industry. Trade Date: 6\/14 Shares: 7.4 million Price Range: $16.00-$18.00 Underwriter(s): Morgan Stanley, BofA Merrill Lynch, Stifel Co-Manager(s): Macquarie Capital, First Analysis Securities, Houlihan Lokey Terms Added: 6-4-18 Link to Prospectus Link to[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[],"class_list":["post-4361","post","type-post","status-publish","format-standard","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=4361"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4361\/revisions"}],"predecessor-version":[{"id":4364,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4361\/revisions\/4364"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}