VC-backed ReWalk files for IPO

ReWalk Robotics has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. The company is planning on listing its stock on the NASDAQ under the ticker symbol “RWLK.” Barclays Capital and Jefferies will serve as the lead underwriters. Based in the U.S., Israel and Germany, ReWalk (formerly known as Argo Medical Technologies) is a maker of wearable robotic exoskeletons for people with spinal cord injury. Its backers include SCP Vitalife Partners. Yaskawa Electric Corp. Israel Healthcare Ventures, Pontifax and Previz Ventures.


VC-backed Aspen Aerogels files for IPO

Aspen Aerogels has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. Aspen Aerogels plans on listing the stock on the NYSE under the ticker symbol “ASPN.” Barclays Capital, J.P. Morgan Securities and Citigroup Global Markets are serving as lead underwriters. Headquartered in Northborough, Mass., Aspen Aerogels is a maker of aerogel insulation used mostly in energy infrastructure facilities. The firm’s backers include BASF Venture Capital, Reservoir Capital Partners, Arcapita Ventures, Tenaya Capital and RockPort Capital Partners.


Ardian expands team with new addition

Private equity firm Ardian said Wednesday that it has hired Tobias Gewolker as a director in its infrastructure team. Gewolker will be based in the firm’s Paris office. Previously, Gewolker worked at DC Advisory and before that, Barclays Capital.


Peter J. Solomon Company promotes two to MDs

Investment banking firm Peter J. Solomon Company has promoted Jeffrey Jacobs and Mark Boidman to managing directors in the firm’s mergers & acquisitions group. Prior to joining PJSC, Jacobs worked at Compass Advisors while Boidman worked at Barclays Capital.


Silver Lake-backed Mercury Payment Systems files for IPO

Mercury Payment Systems, a portfolio company of Silver Lake, has filed for an IPO. The number of shares that will be offered as well as the stock’s pricing terms have yet to be set. J.P. Morgan Securities, Barclays Capital and Morgan Stanley & Co. are serving as lead underwriters. Based in Durango, Colorado, Mercury Payment Systems is a provider of payments solutions for small and medium-sized businesses in the U.S. and Canada.


PE-backed Paycom Software files for IPO

Paycom Software, which is backed by Welsh, Carson, Anderson & Stowe, has filed for an IPO. The number of shares to be offered as well as the pricing terms have yet to be set. The stock will list on the NYSE under the ticker symbol “PAYC.” Barclays Capital and J.P. Morgan Securities are the lead underwriters. Based in Oklahoma City, Paycom is a provider of HR services to businesses nationwide.


Phibro Animal Health files for IPO

Phibro Animal Health has filed for an IPO. The number of shares that will be offered and its pricing terms have not yet been set. The stock will trade on the NASDAQ under the ticker symbol “PAHC.” BofA Merrill Lynch, Morgan Stanley & Co. and Barclays Capital are the lead underwriters. Based in Teaneck, NJ Phibro is a maker of animal health and mineral nutrition products. Its backers include 3i Group.

Rare Element Appoints Lowell A. Shonk to Board

Rare Element Resources has appointed Lowell A. Shonk, a financial professional with more than 30 years of experience in the mining industry, to its board of directors. He will also serve as the board’s audit committee chair. Shonk is the vice chairman of Cupric Canyon Capital, a private equity company in partnership with Barclays Capital focused on investing in early stage copper projects worldwide.

Carlyle adds 18 new underwriters to IPO

Private equity firm Carlyle Group filed with US regulators to add 18 underwriters to the list of managers of its proposed initial public offering, writes Reuters. The company added Barclays Capital, Goldman Sachs, Morgan Stanley, Deutsche Bank, BoFA Merrill Lynch, UBS and 12 others to its underwriters for the IPO. Reuters – Private equity firm […]

Lionsgate Acquires Summit

Global entertainment company Lionsgate is acquiring theatrical motion picture development, financing, production and distribution studio Summit Entertainment for $412.5 million. JP Morgan, Barclays Capital, and Jefferies served as joint lead arrangers and joint bookrunners on financing the acquisition for Lionsgate. PRESS RELEASE Lionsgate LGF (“the Company”) and Summit Entertainment today announced that Lionsgate has completed […]

Lenders to Take Over Endemol

Lenders to Endemol look set to take over the Dutch TV show producer in a debt-for-equity swap, rejecting Time Warner‘s new 1 billion euro ($1.3 billion) bid, writes Reuters. Silvio Berlusconi’s Mediaset, Goldman Sach’s Capital Partners and Cyrte Investments agreed to buy Endemol in 2007 for 2.6 billion euros. Barclays Capital, Credit Suisse, Goldman Sachs, […]

New Underwriters for Brightsource

Four new underwriters are supporting the initial public offering of BrightSource Energy, a solar company, according to a new version of the company’s prospectus filed with regulators. Barclays Capital, Lazard Capital Markets, Robert W. Baird & Co. and Raymond James & Associates have joined the underwriting consortium, which is led by Goldman Sachs & Co., Citigroup Global Markets and Deutsche Bank Securities, the filing shows.

Del Monte, Barclays Settle Lawsuit

Del Monte Corp. and Barclays Capital have agreed to pay $89.4 million to shareholders to settle a lawsuit stemming from the company’s $4 billion takeover. Investors claimed that Barclays, in advising Del Monte on the sale, had a conflict of interest because it was also arranging financing for the private equity buyers in the deal. KKR led the consortium of investors who bought the company earlier this year.

Barclays Capital Adds Andrew Richards

Barclays Capital has hired Andrew Richards away from Morgan Stanley, and named him head of the bank’s private equity coverage in Asia Pacific, Reuters reported Friday. Richards will be a managing director at Barcap, and fill the void left by Takumi Tanaka, who left the firm earlier this year.

CMEA, Redpoint and USVP Look to Cash in on Intermolecular’s IPO

(Reuters) – Intermolecular Inc. filed with U.S. regulators on Friday to raise $200 million in an initial public offering of its common stock. The company develops proprietary technology and intellectual property through paid collaborative development programs with its customers in the semiconductor and clean energy industries. Intermolecular said in its S-1 filing that it has […]

PE-Owners Drop Sale of Jack Wolfskin

The private equity owners of German outdoor apparel and equipment maker Jack Wolfskin decided not to sell the company after failing to attract high enough offers, Reuters reported. Barclays Capital and Quadriga Capital had hoped to attract more than 800 million euro for the company, Reuters reported. Some bidders had offered to pay north of 600 million euro, Reuters said.

Reuters: Boutique Firms See “Pure Advice” Paying off

NEW YORK–A Delaware ruling last month accusing a large investment bank, Barclays Capital, of conflicts of interest is already driving some business to boutique firms. Just a day after the ruling, a client told Evercore Partners it wanted the 15-year-old boutique to be the lead adviser on a transaction. The client wanted a bank that […]

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