Madison Dearborn-backed CDW files for a $500 million IPO

By
A A A

CDW, a Fortune 500 technology products retailer serving more than 250,000 business, government and education customers, filed on Friday with the SEC to raise up to $500 million in an initial public offering. The Vernon Hills, IL-based company, which was founded in 1984 and booked $10.1 billion in sales for the 12 months ended December 31, 2012, plans to list under the symbol CDW. CDW was taken private in a 2007 $7.3 billion LBO by Madison Dearborn Partners and Providence Equity Partners. J.P. Morgan, Barclays and Goldman Sachs are the joint bookrunners on the deal. No pricing terms or exchange were disclosed.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks:

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

The Pumpkin Carvers
The Pumpkin Carvers                 

Stocks

Referenced

Most Active by Volume

88,066,694
  • $97.19 ▲ 2.61%
58,241,731
  • $71.29 ▲ 2.92%
51,058,864
  • $44.87 ▲ 0.09%
48,927,829
  • $28.75 ▲ 0.81%
46,551,917
    $15.52 unch
40,249,498
  • $3.46 ▼ 0.57%
38,633,031
  • $22.43 ▼ 9.63%
38,240,825
  • $34.71 ▲ 3.30%
As of 7/23/2014, 04:04 PM