Maxum Petroleum Pulls IPO Filing

Maxum Petroleum Holdings Inc., an Old Greenwich, Conn.-based energy logistics company, has withdrawn registration for an IPO of 16.7 million shares at between $14 and $16 per share. No explanation was given, although the move may be related to a $300 million private equity commitment that the company raised late last year from Metalmark Capital and Waud Capital Partners.

Maxum Petroleum was formed in October 2003 as an acquisition platform sponsored by Waud, Northwest Capital Appreciation and RBC Capital Partners. Northwest and RBC each retain an equity interest.