Avantor, Inc.

Avantor, Inc. (AVTR) priced its initial public offering on May 20, 2019 at $14.00 per share, raising $2.9B, and listed on NYSE. At the IPO price its market capitalization was about $7.48B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, Barclays and Jefferies and others. Simpson Thacher advised the company and Ropes & Gray advised the underwriters.

Avantor, Inc. provides products and services to customers in biopharma, healthcare, education and government, and advanced technologies and applied materials. Its offerings include materials and consumables, equipment and instrumentation, and services and specialty procurement used in customers' research, development and production workflows.

Status

IPO

Ticker

AVTR

Exchange

NYSE

Priced

May 20, 2019

IPO price

$14.00

Raised

$2.9B

Market cap at IPO price

$7.48B

First filed

Feb 8, 2019

Underwriters

Goldman Sachs, J.P. Morgan, Barclays, Jefferies, Credit Suisse, Deutsche Bank, Evercore ISI, Guggenheim, Morgan Stanley, UBS, Citigroup and TD Cowen

Company counsel

Simpson Thacher

Underwriters' counsel

Ropes & Gray

Sector

Industrials & materials

Country / state

PA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.