Public Exits

Burger King Holdings Inc. (NYSE: BKC) has filed for a secondary public offering of 20 million shares. Selling stockholders include Bain Capital (6.4 million shares offered), Goldman Sachs (6.4 million) and Texas Pacific Group (7.2 million). The three firms will still hold more than a 60 percent stake in the company, post-offering.

Cinemark Holdings Inc., a Plano, Texas-based movie theater chain, has filed for a $400 million IPO. It plans to trade on the NYSE under ticker symbol CNK, with Lehman Brothers serving as lead underwriter. Madison Dearborn Partners holds a 66.3 percent pre-IPO take, while Quadrangle Group holds 7.1 percent.

Hyco International Inc., an Atlanta, Ga.-based maker of custom-designed hydraulic cylinders for use in mobile equipment, has withdrawn registration for a $100 million IPO. No reason was given. The company had planned to trade on the Nasdaq, with Friedman Billings Ramsey and Harris Nesbitt serving as co-lead underwriters. Centre Partners holds a 96.5 percent position.

RSC Holdings Inc., a Scottsdale, Ariz.-based construction equipment rental company, has filed for a $300 million IPO. It plans to trade on the NYSE, with Morgan Stanley, Deutsche Bank and Lehman Brothers serving as co-lead underwriters. The company is owned by Oak Hill Capital Partners and Ripplewood Holdings.

Solera Holdings LLC, a San Ramon, Calif.-based claims processing company owned by GTCR Golder-Rauner, has filed for a $460 million IPO. It plans to trade on the NYSE under ticker symbol SLH, with Goldman Sachs and JPMorgan serving as co-lead underwriters.

Targa Resources Partners L.P., a Houston, Texas–based provider of midstream natural gas and NGL services, priced 16.8 million common units at $21 per unit ($19-$21 range), for an IPO take of approximately $352.8 million. It will trade on the Nasdaq under ticker symbol NGLS, while Citigroup, Goldman Sachs, Merrill Lynch and UBS served as co-lead underwriters. Targa was formed by Warburg Pincus in 2003 as an acquisition platform.

Trident Resources Corp., a Calgary-based natural gas exploration and development company, has canceled a proposed $300 million IPO, citing market conditions. Credit Suisse, Morgan Stanley and TD Securities had been serving as co-lead underwriters. Shareholders include Aurora Energy Partners, Clery Sarl and RFG Private Equity.

Tube City IMS Corp., a Glassport, Pa.-based provider of outsourced services to steel mills, has withdrawn its proposed $172.5 million IPO. Wellspring Capital Partners holds an 84% position. It had been planning to trade on the Nasdaq, with Credit Suisse, UBS and Jefferies & Co. serving as co-lead underwriters.