Natural gas engine maker Enovation Controls files for a $100 million IPO

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Enovation Controls, which provides natural gas engine control and fuel systems for commercial vehicles, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Tulsa, OK-based company, which was founded in 1939 and booked $270 million in sales for the 12 months ended June 30, 2014, plans to list on the NYSE under the symbol ENOV. Enovation Controls initially filed confidentially on July 11, 2014. Morgan Stanley and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Natural gas engine maker Enovation Controls files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

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