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Constructurion software company Textura files for a $50 million IPO

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Textura, which provides an online collaboration platform for the construction industry, filed on Friday with the SEC to raise up to $50 million in an initial public offering. The Deerfield, IL-based company, which was founded in 2004 and booked $22 million in sales for the 12 months ended 12/31/2012, plans to list on the NYSE under the symbol TXTR. Textura initially filed confidentially on 1/9/2013. Credit Suisse, William Blair, JMP Securities, Oppenheimer & Co. and Barrington Research are the joint bookrunners on the deal. No pricing terms were disclosed.

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

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