IPO Briefs –

Cabela’s Inc. (NYSE: CAB), a Sidney, Neb.-based retailer of hunting, fishing and camping merchandise, priced over 7.81 million shares of common stock at $20 per share (above its original $15-$17 offering range), for a total IPO take of approximately $156.25 million. Last September, the company entered into a recapitalization transaction led by JPMorgan Partners.

Cinemark Inc., a Plano, Texas-based movie theater operator, has withdrawn registration papers on a proposed $242.53 million IPO. The company announced in March that it was being acquired in a leveraged buyout led by Madison Dearborn Partners.

Collegiate Funding Services Inc., a Fredericksburg, Va.-based education finance company, has set its IPO offering price range to $15-$17 per common share, and its number of offered shares to over 9.37 million. In addition, the company set its proposed ticker symbol on the Nasdaq to CFSI, and added Citigroup Global Market, CSFB, Banc of America Securities and Keefe Bruyette & Woods to its underwriters list. Collegiate lists both Lightyear Capital and TCW/Crescent Mezzanine Partners as significant shareholders.

Dex Media Inc., an Englewood, Colo.-based phone directories publisher, has set its IPO offering price range to $23-$26 per common share, and its number of offered shares to approximately 53.06 million. The company was created in August 2002, when Qwest Communications Inc. sold off its yellow pages unit for $7.1 billion to The Carlyle Group and Welsh, Carson, Anderson & Stowe.

Evercore Investment Corp., a business development company (BDC) sponsored by Evercore Partners, has set its IPO offering price range to $15 per share, and its total number of offered shares to 20 million. This is a downsizing from the BDC’s original N-2 filing, which originally estimated that the deal would generate $460 million.

GFI Group Inc., New York-based inter-dealer broker specializing in over-the-counter derivatives, has filed to raise $100 million via an IPO of common stock on the Nasdaq under proposed ticker symbol GFIG. Significant shareholders include Advent International, Jersey Partners and Venturion Capital.

HomeBanc Corp., an Atlanta-based residential mortgage provider, decreased its IPO offering price twice last month. It originally reduced its proposed price from $14-$16 per share to $11 per share, and then lowered it down to $8-$9 per share. The company also originally decreased its number of offered shares from 33.25 million to 27.4 million, but later changed course, and will offer 37.5 million common shares. The company began operating independently in May 2000, following a leveraged buyout of First Tennessee Bank National Association’s Atlanta banking operations. GTCR Golder Rauner led the LBO.

Interline Brands Inc., a Jacksonville, Fla.-based provider of specialty maint

enance, repair and operations products, has filed to raise $230 million via an IPO of common stock on the NYSE under proposed ticker symbol IBI. Significant shareholders include Parthenon Capital, JPMorgan Partners and Sterling Investment Partners.

McCormick & Schmick Holdings LLC, a Portland, Ore.-based operator of upscale seafood restaurants, has set its IPO offering price range to $14-$16 per common share, and its number of offered shares to 10 million. The company’s controlling shareholders are Castle Harlan Partners and Bruckman, Rosser, Sherrill & Co., which acquired McCormick & Schmick in August 2001.

MortgageIT Inc., a New York-based residential mortgage lender, is postponing its proposed $250 million IPO. Significant company shareholders include ING Capital and Sandler Capital Management.

Premier Foods LLC, a UK-based food and drink company owned by Hicks, Muse, Tate & Furst, is considering a GBP1.2 billion flotation, according to The Guardian. Other news reports suggest that, if the floatation fails, Hicks Muse might merge Premier Foods with other portfolio companies like Weetabix Ltd. and Eubisco.

PRN Corp., a San Francisco-based operator of an in-store television network, has set its IPO offering price range to $14.50-$16.50 per common share, and its total number of offered shares to seven million. Significant shareholders include the Shamrock Capital Growth Fund, Moore Macro Fund, GE Capital, Allen & Co. and the State of Michigan.

Prospect Energy Corp., a business development company (BDC) formed by Prospect Street Ventures, has set its IPO offering price to $15 per common share, and its proposed number of offered shares to 12 million.

Wellcare Group Inc. (NYSE: WCG), a Tampa, Fla.-based provider of managed care services, will begin trading on the NYSE under ticker symbol WCG. The company priced over 7.33 million common shares at $17 per share (above its $14-$16 offering range), for a total IPO take of approximately $124.66 million. Wellcare Group was formed in May 2002 by Soros Private Equity Investors, which invested just over $70 million.

Worldspan Technologies Inc., an Atlanta-based provider of airline ticket transaction services, has postponed its proposed $677.25 million IPO. The company issued a press release claiming that the decision was “due to current market conditions,” and that it would “continue to evaluate market conditions and may proceed with a public offering at a later date.” Worldspan was founded in 1990 by Delta, Northwest and TWA (later acquired by American Airlines). In 2003, Citigroup Venture Capital and the Ontario Teachers’ Pension Plan Board acquired all interests in the company via a buyout that included an aggregate consideration of $901.5 million, plus a $250 million nine-year credit agreement with Delta and Northwest whereby the airlines would continue to use Worldspan for various IT services.

Xyratex Group Ltd. (Nasdaq: XRTX), a Havant, UK-based provider of data storage sub-systems and storage process technologies, priced over 6.95 million common shares at $14 per share, for a total IPO take of approximately $97.4 million. The company listed HgCapital and Aberdeen Murray Johnstone Private Equity as significant shareholders.

David Chamberlain has joined Palomar Capital Advisors as a managing director. He most recently ran the private equity group of investment management Unigestion. At Palomar, Chamberlain will lead a new secondary private equity practice.