Eloqua Limited


Company Name:
Eloqua Limited 
Sector:
Software & Services 
Transaction Type:
IPO 
Ticker Symbol:
ELOQ 
Deal Amount:
$105.8M
Transaction Date:
8/1/2012 
Transaction Summary:
Eloqua Corp. raised $105.8 million in its initial public offering at $11.50 per share. Needham acted as a co-manager on the transaction. The Company‚Äôs underwriters fully exercised their option to purchase an additional 1,200,000 shares of common stock at the follow-on offering price to cover over-allotments. The net proceeds from the sale of the shares will be used by Eloqua Corp. to repay indebtedness under the term loan, pay off the capital lease obligations, and for working capital and other general corporate purposes. 
Company Description:
Eloqua Corp. (NASDAQ: ELOQ) is a marketing automation SaaS company which develops automated marketing and demand generation software and services for business-to-business marketers. The company has been described as a pioneer and industry leader in lead generation services. 
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