CPPIB and PSP-backed KCI Holdings files for IPO on NYSE

Acelity LP Inc, a San Antonio, Texas-based wound care and surgical applications company, said its affiliate KCI Holdings Inc has filed with the U.S. Securities and Exchange Commission for a proposed initial public offering. The number and price of shares to be sold on the New York Stock Exchange has not been determined. Following the offering, KCI's owners, Apax Partners, Canada Pension Plan Investment Board (CPPIB) and Public Sector Pension Investment Board (PSP Investments), will continue to hold a majority stake, the filing said. Apax, CPPIB and PSP Investments acquired KCI in 2011 for US$6.3 billion.

22 April 2019•2 mins read
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