The deal made total proceeds from the public sale around $202 million. Some related parties have agreed to buy another $90 million shares in a separate private placement, also at $15 a share.

The underwriters have been granted an option to purchase 2 million additional shares to cover over-allotments.

Ferris, Baker Watts acted as a lead manager and BB&T Capital Markets, J.J.B. Hilliard, W.L. Lyons, Oppenheimer & Co., Sanders Morris Harris, Ladenburg Thalmann & Co., and Maxim Group acted as co-managers of the offering.

The company was formed to acquire and manage a group of small to middle market businesses, according to a company statement.

The company’s stock closed at $15.04 on Friday, almost flat with the initial offering price.

DECLINERS:

Alliance Holdings GP LP (AHGP: chart) priced an initial public offering of 12.5 million shares at $25 per share on Tuesday. The price came at the high end of the original range of $23 - $25 per share. The offering was worth $312.5 million and represents a 20% interest in the company.

Lehman Brothers and Citigroup were the lead underwriters on the deal.

The Tulsa, Oklahoma-based company is the general partner of coal producer Alliance Resource Partners LP. Alliance Resource Partners is itself a limited partnership that went public in 1999.

There have been four limited partnership IPOs so far this year, all in the energy sector.

The coal industry is in the midst of a growth cycle, with strong demand and pricing for the commodity. Despite a tight labor market for coal miners and rising commodity transportation costs, Alliance Resources has managed to produce strong results in recent years, reporting 2005 revenue of $838.7 million, up 28%, and net income of $12.4 million, more than three times from a year ago.

The company’s stock closed at $24.6 on Friday, down 1.6% from the initial offering price.

IPO CALENDAR – week of May 15th

Drug developer Quatrx Pharmaceuticals (QTRX: chart) plans to offer 6 million shares within a price range of $11 - $13 per share, in a bid to raise $72 million. Banc of America and Cowen & Co. will be the lead managers on the deal.

Financial services provider Penson Worldwide (PNSN: chart) plans to offer 7.5 million shares within a price range of $15 - $17 a share, in a bid to raise $120 million. Insiders intend to sell 1.2 million of the shares. J.P. Morgan and Credit Suisse will lead manage the deal. Timing has yet to be determined.

Medical device maker Restore Medical (REST: chart) plans to offer 4 million shares within a price range of $9 - $11 per share, in a bid to raise $40 million. Deutsche Bank, RBC Capital Markets and First Albany will be the underwriters on the deal.

Fast food chain Burger King (BKC: chart) plans to offer 25 million shares within a price range of $15 - $17 a share, in a bid to raise $400 million. J.P. Morgan, Citigroup, Goldman Sachs and Morgan Stanley will lead the group of underwriters on the deal.

Professional liability insurer Darwin Professional Underwriters (DR: chart) plans to offer 5.2 million shares within a price range of $15 - $17 a share, in a bid to raise $83.2 million. Merrill Lynch and Credit Suisse will be the lead managers on the deal.