Double-Take Prices IPO

Double-Take Software Inc., a Southborough, Mass.-based provider of software for reducing downtime of business-critical systems, priced 7.5 million common shares at $11 per share ($9-$11 forecast), for an IPO take of approximately $82.5 million. It will trade on the Nasdaq under ticker symbol DBTK, while Cowen & Co. and Thomas Weisel Partners served as co-lead underwriters. Shareholders include ABS Capital Partners, J&W Seligman & Co. and Lake Street Capital.