KCI is being sold in
1997: Leininger and investment companies Fremont Partners and Richard C. Blum Associates take KCI private in a leveraged buyout valued at about $850 million.2004: KCI goes public agpatagonia better sweater 1 4 zip - men'sain, raising about $94 million in net proceeds.March 2011: Acquires 8.3 acres on I 10 West, south of Hausman Road, to construct a three story, 100,000 square foot headquarters building to open next summer.July 2011: KCI agrees to go private again in a $6.3 billion leveraged buyout led by London based private equity fipatagonia better sweater naturalrm Apax Partners.Compiled from Express News files by News Researcher Julie DomelSan Antonio wound care products maker announced Wednesday it has agreed to be acquired in a leveraged buyout for $4.98 billion in cash from a group that includes London based private equity firm Apax Partners.KCI valued the transaction at $6.3 billion, which includes the company s debt. The deal was unanimously appropatagonia discount code yoshi's0ved by KCI s 10 member board.KCI will keep its headquarters in San Antonio, according to Apax spokesman .Construction is under way on KCI s new three story, 100,000 square foot headquarters building at 12930 Interstate 10 West. Its current headquarters are in the KCI Tower at 8023 Vantage Drive.About 2,000 of KCI s more than 7,000 employees arepatagonia fly fishing mesh vest for sale in San Antonio.Apax s investments include , owner of the financial information website of the same name, andApax and affiliates of two Canadian pension investment management firms have offered KCI shareholders $68.50 a share, a 16.5 percent premium to its closing price on July 5 the day before reported KCI was in buyout talks.The stock closed at a new 52 week high of $68.23 Wednesday, a nearly 6 percent increase fopatagonia discount code yoshi's1r the day.Harding said it was much too early to talk about business specifics when asked if the deal to take KCI private would lead to layoffs.As for KCI s executives, he said: I think there s every intention of partneripatagonia atom sling quickng with the core (KCI) management team. KCI ranks as San Antonio s third largest publicly traded company, based on the value of patagonia discount code getfpvall of the outstanding shares at Wednesday s markepatagonia discount code marriottt close. Its market cap is $4.95 billion; only Valero Corp. and Rackspace Inc. s are larger.The deal is expected tpatagonia discount code yoshi'so close before the end of the year. It still requires shareholder and regulatory approval. KCI, though, has a 40 day period to solicit alternative offers, accordingpatagonia everlong review kohls to a company statement. We believe there is a very small chance of a higher bid, although we don t expect interest from strategic buyers, , a Inc. analyst, wrote in a research report.Madison patagonia everlong review 60pn6500Williams Co. analyst had said the company could fetch $70 to $75 a share. While the deal price was a bit lower than our expectations, we view the deal to be a strategically attractive outcome for KCI, Nam wrote in a research report.Bloomberg News reported it is the largepatagonia discount code yoshi's3st leveraged buyout since the collappatagonia discount code yoshi's2se of in 2008.Also part of the buyout group are affiliates of Canada Pension Plan Investment Board and the Public Sector Pension Investment Board. This consortium is a group of well respected investors whose interest in KCI represents an endorsement of our market leadership, diffpatagonia houdini jacket new yorkerentiated products and services and consistently strong performance, KCI President and CEO said in a statement.
