Bauer Files for IPO
February 1, 2011- Share:
Kohlberg & Company-backed Bauer Performance Sports has filed for an IPO with RBC Capital Markets and CIBC leading the underwriting. Bauer reportedly intends to raise CDN75 million and plans to use net proceeds to buy Kolhberg's stake in the company. Bauer makes performance sports equipment under the Bauer Hockey, Mission Roller Hockey and Maverik Lacrosse brands. The company was acquired by Kohlberg from Nike in 2008.
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