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Mayville Engineering files for a $100 million IPO


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Mayville Engineering, which provides end-to-end manufacturing services to OEM customers, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Mayville, WI-based company was founded in 1945 and booked $355 million in sales for the 12 months ended December 31, 2018. It plans to list on the NYSE under the symbol MEC. Mayville Engineering filed confidentially on February 8, 2019. Baird, Citi and Jefferies are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Mayville Engineering 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's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts 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 Nasdaq, Inc.





This article appears in: News Headlines , IPOs




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