Primary Equity Capital Markets

                                                                  Initial Public Offerings, Secondary Offerings & Follow-On Offerings

Mischler’s Primary ECM Pedigree & Complementary Role. MFG’s Primary Equity Capital Markets (ECM) team has a long and well-documented history of working with a broad spectrum of equity issuers that advance initial public offerings (IPOs) and secondary / follow-on offerings; their respective Private Equity sponsors and their lead investment banks. We serve as a pure complement to the role played by lead underwriters while advancing initial public offerings and secondary market follow-on offerings.

Upwards of 200 IPO and ECM Transactions since 2014, during which time Mischler has been involved in 160+ successful IPO and follow-on equity offering transactions. We are enlisted to participate in underwritings advanced by the most recognized ‘Unicorns’ and dozens of formidable and fast-growing enterprises across every industry and sector, including, healthcare and biotech, energy, bank and finance, technology, REIT, consumer finance, industrial manufacturing, defense, retail, consumer products, hotel and lodging, and entertainment.

 

Underwriter, Manager & Equity Syndicate Group Capabilities. MFG is awarded mandates to serve as a co-underwriter, manager, co-manager and/or selling group roles much in part because of our fluency in the new issue marketplace, our time-tested capability to seamlessly administer new issue transactions, and for placing new share offerings with a highly coveted middle-markets distribution network.

 

850+ Public Pension Sponsors & “Under-covered” Investment Managers. Equity Issuers and their lead investment banks appreciate that Mischler’s investor base is comprised of sophisticated investment managers who buy and hold; many tend to increase holdings post IPO. Investment managers look to Mischler’s ECM team for access to new offerings from promising, newly-public companies whose management is dedicated to enhancing long-term shareholder value and whose ethos and culture includes advancing corporate diversity and inclusion initiatives.

 

Post IPO Transactions: Follow-On | Buybacks | Debt Offerings

 

Secondary & Follow-On Share Offerings. IPO issuers who return to the capital markets with new offerings in form of secondary, follow-on, sell-down or “ATM” transactions rely on Mischler’s ECM team for distribution capabilities and serving as a complement to the role played by Issuers’ lead investment bank(s).

 

Share Repurchase, 10b5-1, New Debt Issuance (IG/HY DCM). Long after an IPO event, corporate treasury teams that become focused on share repurchase programs and/or issuance of corporate debt look to Mischler’s capital markets team to add value. Fortune issuers buying back company shares embrace Mischler’s holistic approach to 10b-18 better execution than what is typically provided by sell-side firms, as evidenced by the multiple broker-rotation schedules we participate in.

 

125+ Fortune Co. Debt Issuers have selected Mischler Financial Group to serve as a complement to the role played by their lead investment banks. Since 2016, Mischler has served as manager, co-manager and/or selling group syndicate member for 600+ debt market offerings, representing nearly $700bil in notional value.

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PSN

IPO

Selling Group
May 2019

americold ipo mischler

CWK

Follow-On Offering
Selling Group
March 2019

americold ipo mischler

NSTG

Follow-On Offering
Selling Group

March 2019

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FHL

IPO

Selling Group

March 2019

BTAI

IPO
Selling Group
March 2018

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SWI

IPO

Co-Manager

October 2018

Sienna Biopharma

IPO
Selling Group
July 2017

UBER

IPO

Co-Manager

May 2019

MYOK

Follow-on Offering
Selling Group
March 2019

americold ipo mischler

COLD

IPO
Selling Group

February 2019

domo ipo mischler

DOMO

IPO

Selling Group

June 2018

PVTL

IPO
Co-Manager

April 2018

NetShoes

IPO
Selling Group
April 2017

Twilio

IPO
Selling Group
June 2016

Alibaba Group

IPO
Co-Manager
August 2014

Synchrony Financial

IPO
Co-Manager
March 2014

YETI

Secondary Offering

Selling Group

May 2019

lyft ipo mischler

LYFT

IPO
Co-Manager

March 2019

TORC

Follow-On Offering
Selling Group
March 2019

Elanco

IPO
Co-Manager

September 2018

Greentree Hospitality

IPO

Selling Group

March 2018

Snap Inc.

IPO

Co-Manager

March 2017

Nightstar

IPO
Selling Group
September 2017

Ally Financial

IPO
Co-Manager
April 2014

Twitter Inc.

IPO
Selling Group
November 2013