Broker Dealer update: $ENOV to raise $100 million

IPO data on brokerdealer.com made available by NASDAQ and Renaissance Capital.

NASDAQ

Enovation Controls, which provides natural gas engine control and fuel systems for commercial vehicles, filed on Friday with the SEC to raise up to $100 million in an initial public offering. 


The Tulsa, OK-based company, which was founded in 1939 and booked $270 million in sales for the 12 months ended June 30, 2014, plans to list on the NYSE under the symbol ENOV. Enovation Controls initially filed confidentially on July 11, 2014. Morgan Stanley and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.