s C$391 million IPO in March. Calgary-based fracking services firm STEP Energy Service Ltd. priced an IPO Tuesday, raising C$100 million . It is expected to begin trading in Toronto next week. Just two IPOs in Canada in all of 2016 raised more than C$100 million. Vancouver-based retailer Aritzia Inc. raised C$460 million in September while Mainstreet Health Investments Inc. raised C$142 million in June. Real Matters runs an online platform with more than 100,000 agents in property appraising, insurance inspection, title search and mortgage closing. They report their findings through Real Matters, which measures and ranks each appraiser to help buyers and mortgage companies. Its appraisal business serves more than 60 of the top 100 lenders in the U.S., according to its website. The company is proceeding with the IPO after revealing earlier this month that Chief Operating Officer Alistair Blackburn died on April 2.
For the original version including any supplementary images or video, visit https://www.bloomberg.com/news/articles/2017-04-26/real-matters-said-to-seek-ipo-valuation-of-up-to-c-1-1-billion
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