Posted on: October 04, 2016
Another portfolio company of Method Advisors is scheduled for its IPO on October 6th. Coupa Software, Inc. (NASDAQ: COUP) is a cloud-based spend management software company located in San Mateo, California, that initially sought an IPO in an effort to increase visibility amid a trove of big-name competitors, such as SAP and Oracle. With the scarcity of technology IPOs in 2016, Coupa hopes to follow in the footsteps of Nutanix, which soared 131% on its debut after pricing above its anticipated range.
Posted on: September 27, 2016
Nutanix Inc. (NASDAQ: NTNX), a portfolio company of Method Advisors, plans to offer 14 million shares in its IPO scheduled for Friday, September 29th. Nutanix provides an enterprise cloud platform that converges servers, storage resources, and virtualization software into one integrated solution for its roster of clients that includes Honda, eBay, Best Buy, and Aflac. After initially filing IPO registration plans in late 2015, with the intent to become public early this year, Nutanix held back its offering due to weak IPO market conditions. The IPO market has since rebounded, after hitting a seven-year low in the first quarter.
Posted on: November 18, 2015
Method Advisors portfolio company Square, Inc. (NYSE: SQ) today announced the pricing of its initial public offering of common stock. The shares are to begin trading on the New York Stock Exchange on November 19, 2015. Square creates tools that help sellers of all sizes start, run, and grow their businesses. Square's point-of-sale service offers tools for every part of running a business, from accepting credit cards and tracking inventory, to real-time analytics and invoicing. Square also offers sellers financial and marketing services, including small business financing and customer engagement tools.
Posted on: June 20, 2014
An SBIC mezzanine debt fund backed by Method Advisors recently completed the fund’s first two realizations, exiting a provider of software focused on the exchange of records between patients and providers, and a company that sells lighting products via catalog, internet and retail channels. The latter investment returned more than four times the amount of the original investment, an extraordinary return for a mezzanine debt fund. These realizations resulted in a sizable distribution to Method Advisors’ Limited Partners.