Teachers' Private Capital to sell shares in INC Research
INC Research Holdings Inc (Nasdaq: INCR), which went public last year, filed for a proposed secondary offering of shares for several of its existing investors. The shareholders include U.S. private equity firm Avista Capital Partners and Teachers' Private Capital, the private equity investment arm of the Ontario Teachers’ Pension Plan. Concurrent with the offering, INC Research plans to repurchase US$150 million of common stock from certain selling investors in a private transaction. A U.S. biopharmaceutical and medical device contract research organization, INC Research was acquired by Avista and Teachers' in 2010.
28 April 2015•4 mins read
