{"id":4454,"date":"2018-06-22T09:56:09","date_gmt":"2018-06-22T13:56:09","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4454"},"modified":"2018-06-22T09:56:09","modified_gmt":"2018-06-22T13:56:09","slug":"brightview-holdings-ipo-preview-bv","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/brightview-holdings-ipo-preview-bv\/","title":{"rendered":"BrightView Holdings #IPO Preview ($BV)"},"content":{"rendered":"

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

Company: BrightView Holdings, Inc.<\/strong>
\nSymbol: BV
\nDescription: They are the largest provider of commercial landscaping services in the United States, with revenues more than 10 times those of their next largest commercial landscaping competitor.
\nTrade Date: 6\/28
\nShares: 21.3 million
\nPrice Range: $22.00-$25.00
\nUnderwriter(s): Goldman Sachs, J.P. Morgan, KKR, UBS Investment Bank, Baird, Credit Suisse Macquarie Capital, Jefferies, Mizuho Securities, Morgan Stanley, RBC Capital Markets
\nCo-Manager(s): Nomura, Stifel, William Blair, Moelis & Company, SMBC Nikko
\nTerms Added: 6-18-18<\/p>\n

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

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

Business<\/strong>:\u00a0They provide commercial landscaping services, ranging from landscape maintenance and enhancements to tree care and landscape development. They operate through a differentiated and integrated national service model which systematically delivers services at the local level by combining their network of over 200 branches with a qualified service partner network. Their branch delivery model underpins their position as a single-source end-to-end landscaping solution provider to their diverse customer base at the national, regional and local levels, which they believe represents a significant competitive advantage.<\/p>\n

Financials:\u00a0<\/strong>Their net service revenues were $917.2 million, $1612.5 million, $2214.8 million, $2185.3 million, and $2264.7 million and their net income (loss) was ($45.4 million), ($20.6 million), ($50.5 million), ($40.6 million), ($52.4 million) and $5.3 million in 2013, 2014, 2015, 2016, and 2017, respectively. In the first half of 2018, their net service revenues increased 10.7% to $1,141.5 million and their net loss decreased 94.9% to $2.7 million.<\/p>\n

\"BV.Financials\"<\/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: BrightView Holdings, Inc. Symbol: BV Description: They are the largest provider of commercial landscaping services in the United States, with revenues more than 10 times those of their next largest commercial landscaping competitor. Trade Date: 6\/28 Shares: 21.3 million Price Range: $22.00-$25.00 Underwriter(s): Goldman Sachs, J.P. Morgan, KKR, UBS Investment Bank, Baird, Credit Suisse[…]<\/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":[1519],"class_list":["post-4454","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-bv"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4454","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=4454"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4454\/revisions"}],"predecessor-version":[{"id":4457,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4454\/revisions\/4457"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}