| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Amcomp Incorporated |
| 701 U.S. Highway One, Suite 200, North Palm Beach, FL 33408 * (561) 840-7171 |
| The company is the fourth largest provider of workers' compensation insurance in Florida, based upon direct premiums written during 1997. The company underwrites workers' compensation in a variety of industries with emphasis on small and medium sized businesses. |
| Manager | Tier | Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 371-0641 |
| BT Alex Brown | Co-manager | (410) 727-1700 |
| CS First Boston | Co-manager | (212) 325-2000 |
| Employees: | 175 | Financial: | SIC 6331 | |
| Type of Shares: | Common Shares | Filing Date: | 11/12/98 | |
| U.S. Shares Filed: | 0 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $50,000,000 | |
| Primary Shares: | 0 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: |
| Issuer's Law Firm: | Olshan Grundman Frome & Rosenzweig |
| Bank's Law Firm: | Lebdeuf, Lamb, Greene & Macrae |
| Auditor: | Ernst & Young |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 12/31/97 | ||||
| Revenue: | $108.55 | Assets: | $222.99 | ||
| Net Income: | $5.08 | Curr Assets: | |||
| EPS: | $0.40 | Liabilities: | $209.65 | ||
| Prior EPS: | $0.42 | Curr Liab: | |||
| Cash Flow/Oper: | $15.13 | Equity: | $13.33 | ||
| Cash Flow/Fin: | $10.20 | Cash: | $65.90 | ||
| Cash Flow/Inv: | -$42.38 | ||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to increase the capital of the subsidiaries to permit them to underwrite additional insurance and for working capital and for general corporate purposes. |