Fleetmatics Group Ltd announces IPO

(Edit this deal)

Deal Participants:

IPO Company:

Fleetmatics Group Ltd View Profile Charts Homepage

Deal Financials:

Total Cash Raised :

$100 million

Date:

Announced/Filed:

Aug 21, 2012

Notes:

FleetMatics offers GPS fleet tracking software to small and medium-sized businesses that own fleets of commercial vehicles.

FleetMatics intends to use part of the proceeds to pay down debt, fund its marketing activities and for working capital needs, the company said in a filing with the U.S Securities and Exchange Commission.

The company, whose rivals include Trimble Navigation Ltd , plans to list its ordinary shares on the New York Stock Exchange under the symbol "FM."

BofA Merrill Lynch, Barclays Capital, RBC Capital, Stifel Nicolaus and William Blair are the underwriters for the offering.

The filing did not reveal how many shares the company planned to sell or their expected price.

The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.

Deal Links:

Note

Banking Representation:

IPO Lead Underwriter:

BoA Merrill Lynch and Barclays

Legal Representation:

(add missing info)

Edit History:

Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/dealiped/public_html/deal_view_ipo.php on line 659

Aug 21 '12

This version submitted by howmania

Top