Aecom Technology Corp., a Los Angeles-based provider of technical and management support services, has filed for a $200 million IPO. It plans to trade on the NYSE under ticker symbol ACM, with Morgan Stanley, Merrill Lynch and UBS serving as co-lead underwriters. Shareholders include U.S. Trust (29.86 percent pre-IPO stake), GSO Capital Partners (10.68 percent), J.H. Whitney & Co. (10.68 percent), CalPERS/PCG Corporate Partners (3.74 percent), JPMorgan Partners and Weston Presidio.
BWAY Holding Co., an Atlanta-based manufacturer of rigid metal and plastic containers, has filed for a $230 million IPO. It plans to trade on the NYSE under ticker symbol BWY, with Goldman Sachs and Banc of America serving as co-lead underwriters. Kelso & Co. acquired BWAY in 2003.
ClearWire Corp., a Kirkland, Wash.-based WiMAX company, priced 24 million common shares at $25 per share ($23-$25 range), for an IPO take of approximately $600 million. It had originally filed to raise just $400 million, before increasing its target to $500 million in an amended filing. The extra $100 million came after Clearwire opted to up its number of offered shares from 20 million to 25 million. It debuted March 8 on the Nasdaq under ticker symbol CLWR and has fallen steadily since its IPO. Merrill Lynch, Morgan Stanley and JPMorgan served as co-lead underwriters. Seven other banks also participated. ClearWire has raised around $1.2 billion in private equity funding, including a $900 million infusion last year led by Intel Capital. Other significant shareholders include Bell Canada, Motorola and company founder Craig McCaw.
Safestore Holdings PLC, a provider of self-storage services in the UK and Paris, has priced its IPO on the LSE at 240 pence per share, for an initial market cap of £449 million and an enterprise value of £661 million. Citigroup UK and Merrill Lynch International served as co-lead underwriters. Bridgepoint held an 81.5 percent pre-IPO stake, and has a 41.3 percent post-IPO stake.