Gretna, La.
Went public 06/07/01 at $16 per share
Filing Range: 5.0 million shares at $14 to $16
Offering Size: $80.0 million
Post Offering Valuation: $213.3 million
Shares Outstanding: 13.3 million shares
Underwriters: UBS Warburg/CIBC World Markets/Howard Weil Labouisse Freid
Company Counsel: Baker Botts LLP
Manager Counsel: Vinson & Elkins LLP
Auditor: Arthur Andersen LLP
The Company:
Provides pipe laying and subsea construction services to the oil and gas industry.
Venture Backers:
Riverside Management Group
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 01/26/2001 1 ExpansionN/A
Financials:
(Data in $ millions except EPS)
Y/E
12/31/00
Total Revenues: $46.2
Net Income: (1.6)
EPS: (0.82)