Texas-based Independent Bank Group files for a $92 million IPO


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Independent Bank Group, a Texas-based bank with 30 offices serving the Dallas-Fort Worth metropolitan area, filed on Wednesday with the SEC to raise up to $92 million in an initial public offering. The McKinney, TX-based company, which was founded in 1988 and generate $81 million in revenue for the 2012 fiscal year, plans to list on the NASDAQ under the symbol IBTX. Sandler O'Neill, Evercore Partners and Keefe Bruyette Woods are the joint bookrunners on the deal. No pricing terms were disclosed.

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