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CenterPrise Advisors, Inc.
225 West Washington Street, 16th Floor, Chicago, IL 60606 * (312) 578-9600
Business Description The company is a leading provider of diversified professional, business and financial services and products to a broad spectrum of middle-market clients. The company offers a full range of consulting, accounting, tax and related professional services, as well as complementary business and financial services and products, including insurance brokerage and employee benefits design and administration.
Filing
Information

IPO has been
withdrawn

To Trade As  CEP (NYSE) Industry  Service (SIC 8711)
Type of Stock Offered Common Shares Filing Date  4/7/99
Domestic Shares Filed 10,500,000 Filing Range  $11.50 - $13.50
Foreign Shares Filed  0 Offering Amount  $131,250,000
Company Shares  10,500,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  26,750,676
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Merrill Lynch & Co. Lead Manager (212) 449-4600
CIBC World Markets Co-manager (212) 667-7400
Lehman Brothers Incorporated Co-manager (212) 526-8100
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 12 Months Ending
Figures in U.S. millions except per share data             12/31/98
Revenues   - - - - - - 205.479
Income from Oper.   - - - - - - 24.867
Net Income   - - - - - - 13.475
E.P.S   - - - - - - -
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - 12.10 -
Net Profit Margin (%)    - - - - - 6.56 -
Cash Flow - Oper.     - - -
Cash Flow - Inv.     - - -
Cash Flow - Fin.     - - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/98 Financial Ratios
Total Assets    305.34 Current Assets    56.96 Current Ratio    1.49
Total Liab.    40.53 Current Liab.    38.23 Debt Ratio    13.27%
Total Equity    264.81 Working Cap.    18.73 Debt to Equity Ratio    0.15
Cash    18.17    Return on Assets   4.41%
Use Of
Proceeds
The proceeds from the proposed offering will be used to pay the cash portion of the purchase price for the CenterPoint Companies, to repay certain indebtedness of the CenterPoint properties, to reimburse certain employee and other costs incurred prior to the offering and for general corporate purposes, including future acquisitions.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Katten Muchin & Zavis
Bank's Law Firm  Mayer, Brown & Platt
Auditor  Pricewaterhouse Coopers LLC
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Last updated: 6/11/00 11:10:56 PM
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