HaloSource raises $80M in IPO
Clean water tech company HaloSource Inc has raised about $80 million with an initial public offering of its common stock. It raised $50 million in gross proceeds, with certain selling shareholders placing with institutional investors at 135 pence apiece, which raised $30 million. Private equity firm Origo Partners had a 15.4 percent stake in HaloSource and said it sold 60 percent of its stake for $11 million.
12 October 2010•1 min read
