Houston-based oil field services co. launches IPO

Houston-based NCS Multistage Holdings Inc. has launched an initial public offering that’s expected to raise around $150 million.

The company is offering 9.5 million shares of common stock to be priced between $15 and $18 per share. The underwriters have a 30-day option to buy up to an additional 1.425 million shares from certain selling shareholders under the same terms and conditions.

NCS expects its net proceeds will be about $144.8 million, after deducting the underwriting discount and estimated…

Houston-based oil field services co. launches IPO syndicated post

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