Heritage-Crystal Clean (HCCI) IPO Has a Strong Day
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The IPO for Heritage-Crystal Clean (Nasdaq: HCCI) is having a strong day. The stock is trading at $14.19 after pricing 1.914 million shares at $11.50, the middle of the expected $10.50-$12.50 range.
The offering is being made through William Blair & Company and Piper Jaffray.
Heritage-Crystal Clean is seen as the second largest provider of parts cleaning services in the U.S. and a leading provider of containerized waste services targeting small and mid-sized customers. Within the industrial and hazardous waste services market, the company focuses on parts cleaning, containerized waste, used oil and vacuum services.
The offering is being made through William Blair & Company and Piper Jaffray.
Heritage-Crystal Clean is seen as the second largest provider of parts cleaning services in the U.S. and a leading provider of containerized waste services targeting small and mid-sized customers. Within the industrial and hazardous waste services market, the company focuses on parts cleaning, containerized waste, used oil and vacuum services.
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