| Hagler Bailly, Inc. | |||
| Ticker: | HBIX | 1530 Wilson Boulevard, Suite 900 | |
| Exchange: | NASDAQ-National Market | Arlington, VA 22209 | |
| Industry: | Service (SIC Code 8742) | (703) 351-0300 | |
| Type of Shares: | Common Shares | Filing Date: | 2/21/97 | |
| U.S. Shares: | 3,150,000 | Offer Date: | 7/3/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.00 - $16.00 | |
| Primary Shares: | 2,500,000 | Offer Price: | $14.00 | |
| Secondary Shares: | 650,000 | Gross Spread: | $0.98 | |
| Offering Amount: | $47,250,000 | Selling: | $0.58 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 7,541,663 |
| Manager | Tier | Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 371-0641 |
| Montgomery Securities | Co-manager | (415) 627-2100 |
| Issuer's Law Firm: | Pepper Hamilton & Scheetz |
| Bank's Law Firm: | Cahill Gordon & Reindel |
| Auditor: | Ernst & Young |
| Registrar/Transfer Agent: | StockTrans, Inc. |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 12/31/96 | ||||
| Revenue: | $61.58 | Assets: | $27.75 | ||
| Net Income: | $0.91 | Curr Assets: | |||
| EPS: | Liabilities: | $20.51 | |||
| Prior EPS: | Curr Liabilities: | ||||
| Cash Flow/Oper: | Equity: | $7.24 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a worldwide provider of a broad array of management consulting and other advisory services to the private and public sectors of the energy, utilities and environmental industries. The company offers a wide range of management consulting, litigation support and specialized financial advisory services to corporations, primarily electric and gas utilities and independent power producers, worldwide. The company also advises government institutions in the United States and abroad on a broad range of energy, utility and environmental infrastructure and public policy issues. Since its inception in 1980, Hagler Bailly has performed in excess of 1,900 consulting assignments for more than 750 clients in over 100 countries. In 1996, the company performed over 220 assignments for more than 125 clients in over 30 countries. In the past 16 years, the company has grown from a single office to a worldwide network of operations with principal offices in six cities in the United States and five other countries. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay all outstanding debt and fund general corporate purposes, including working capital and possible acquisitions of complementary businesses. |