Centuri Holdings, Inc.

Centuri Holdings, Inc. (CTRI) priced its initial public offering on Apr 18, 2024 at $21.00 per share, raising $260.4M, and listed on NYSE. At the IPO price its market capitalization was about $1.82B. UBS was lead-left underwriter, joined by BofA Securities, J.P. Morgan and Wells Fargo and others. Morrison & Foerster advised the company and Skadden, Arps advised the underwriters.

Centuri Holdings, Inc. is a North American utility infrastructure services company with over 110 years of operating history. It partners with regulated electric, gas and combination utilities to maintain, upgrade and expand the energy networks serving homes and businesses.

Status

IPO

Ticker

CTRI

Exchange

NYSE

Priced

Apr 18, 2024

IPO price

$21.00

Raised

$260.4M

Market cap at IPO price

$1.82B

First filed

Mar 22, 2024

Underwriters

UBS, BofA Securities, J.P. Morgan, Wells Fargo, Baird, KeyBanc and Siebert Williams Shank

Company counsel

Morrison & Foerster

Underwriters' counsel

Skadden, Arps

Sector

Energy, mining & utilities

Country / state

AZ

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