| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Nationwide Electric, Inc. |
| 1201 Walnut Street, Suite 1300, Kansas City, MO 64106 * (816) 556-2582 |
| The company is a leading provider of electrical contracting and maintenance services to commercial, industrial and institutional customers. |
| Manager | Tier | Phone |
| BT Alex Brown | Lead Manager | (410) 727-1700 |
| Piper Jaffray Incorporated | Co-manager | (612) 342-6220 |
| NYSE: | NEL | Construction: | SIC 1731 | |
| Type of Shares: | Common Shares | Filing Date: | 6/17/98 | |
| U.S. Shares Filed: | 5,500,000 | Filing Range: | $11.00 - $13.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $66,000,000 | |
| Primary Shares: | 5,500,000 | Expenses: | $1,450,000 | |
| Secondary Shares: | 0 | Post-IPO Shares: | 9,964,099 | |
| Employees: | 125 |
| Issuer's Law Firm: | Stinson, Mag & Fizzell |
| Bank's Law Firm: | Piper & Marbury |
| Registrar/Transfer Agent: | Norwest Bank of Minnesota |
| Auditor: | Deloitte & Touche |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 3/31/98 | 3/31/98 | ||||
| Revenue: | $145.82 | Assets: | $67.59 | ||
| Net Income: | $5.43 | Curr Assets: | |||
| EPS: | $0.54 | Liabilities: | $49.17 | ||
| Prior EPS: | Curr Liab: | ||||
| Cash Flow/Oper: | Equity: | $18.42 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | Working Cap: | -$0.90 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to pay the cash portion of the purchase price for the acquired companies, to repay all of the debt of Nationwide and the acquired companies, to redeem shares of outstanding redeemable preferred stock and pay accrued but unpaid dividends, to repay expenses incurred in connection with the organization of Nationwide and for general corporate purposes including future acquisitions. |