Venture Backed IPOs 4-29-02

Recently Filed Venture Backed IPOs

Company (Symbol) Business Filing Date Amount Filed (M) Last Round Last Round (M) Book Manager VCs
Kirklands Inc. (KIRK) Jackson, TN Home decor retailer 4/23/02 $143.7 8/8/00 $4.3 Merrill Lynch; Advent International Corp, Capital Resource Partners; Allied Capital
Formfactor Inc. Livermore, CA Semiconductor wafer probe cards 4/22/02 $100.0 12/6/00 $5.0 Morgan Stanley; Infineon Venture GmbH, Institutional Venture Partners
Medical Staffing Network Holdings (MRN) Boca Raton, FL Medical staffing services 4/18/02 $148.4 3/1/99 $7.5 Lehman Brothers / Deutsche Banc Alex Brown; Warburg Pincus LLC
JetBlue Airways Corp. (JBLU) Kew Gardens, NY Low fare U.S. airline operation 4/12/02 $158.4 10/4/01 $9.3 Morgan Stanley / Merrill Lynch (Co-Leads) J.P. Morgan Partners, Weston Presidio
CTI, Inc. (CTMI)- Buyout Backed Knoxville, TN Metabolic imaging device manufacturer 4/5/02 $230.0 10/8/99 $20.0 CFSB / USBancorp / Bear Stearns (Co-Leads) Wachovia Capital Partners
Inveresk Research Group (IRGI) Cary, NC Drug development services 4/2/02 $150.0 4/11/01 $12.1 Bear Stearns / UBS Warburg Candover Investments (Buyout)
Advantage Payroll Services Inc. (APAY) Auburn, ME Outsourced payroll processing 3/18/02 $143.7 9/30/99 $0.0 Lehman Bros. Willis Stein
United States Marine Repair Inc. Norfolk, VA Ship repair for the U.S. Navy 3/13/02 $160.0 11/26/01 $25.0 Lehman Bros. The Carlyle Group
Regal Entertainment Corp. (RGC) Englewood, CO Domestic movie theater operator 3/11/02 $345.0 3/12/02 $0.0 CSFB / Lehman Bros. Oaktree Capital
AmeriChoice Corp. (AMCH) Vienna, VA Public-sector health-care services 3/11/02 $115.0 5/21/95 $16.6 Banc of America / UBS TA Associates
Republic Airways Holdings Inc. (RJET) Indianapolis Regional airline carrier 3/11/02 $85.0 3/13/02 $0.0 Merrill Lynch Wexford Management

Completed Venture Backed IPOs

Issuer (symbol) Date Priced Offer Price 4/25 close Lead VC Backer Company Counsel Lead Underwriter
DOV Pharmaceutical Inc. (DOVP) Hackensack, NJ Biopharmaceutical company 4/25/02 $13.00 $8.70 Lehman/CIBC WSGR Lehman Bros.
Medsource Technologies Inc. (MEDT) Minneapolis, MN Medical device manufacturing services 3/27/02 $12.00 $13.42 Brown Bros.(Buyout-backed) Ropes & Gray MS
WCI Communities Inc. (WCI) Bonita Springs, FL Home building and real estate developer 3/12/02 $19.00 $28.90 Citicorp VC Simpson Thacher UBS/CSFB
Petco Animal Supplies Inc. (PETC) San Diego Retail pet supplies 2/22/02 $19.00 $23.50 TCW Capital(Buyout-backed) Latham & Watkins Merrill Lynch
PayPal Inc. (PYPL) Palo Alto, CA Web-based payment service 2/15/02 $13.00 $26.80 JPMorgan Partners Latham & Watkins Smith Barney
Zymogenetics Inc. (ZGEN) Seattle Biopharmaceuticals 1/31/02 $12.00 $11.63 Warburg Pincus Perkins Coie Lehman Bros.
Synaptics (SYNA) San Jose, CA Computer touchpads 1/29/02 $11.00 $18.15 Sprout Group Greenberg Traurig Bear Stearns
Bruker AXS Inc. (BAXS) Madison, WI Advanced X-ray systems 12/14/01 $6.50 $3.14 Thomas Weisel Hutchins Wheeler UBS
American Pharmaceuticals (APPX) Westwood, CA Injectable pharmaceuticals 12/14/01 $16.00 $13.40 BioAsia Investments Morrison & Foerster CIBC
NetScreen Technologies Inc. (NSCN) Sunnyvale, CA Security software 12/11/01 $14.00 $11.32 Sequoia Capital Fenwick & West GS
Lawson Software Inc. (LWSN) St. Paul, MN Software development 12/6/01 $14.00 $9.30 St. Paul Venture Capital Dorsey & Whitney Lehman Bros.
MCG Capital Corp. (MCGC) Arlington, VA Financial borrowing services 11/28/01 $17.00 $19.35 Wachovia Capital Fried Frank FBR