Overview
Gardner Denver Holdings (NYSE:GDI) filed an S-1/A with the Securities and Exchange Commission for its planned initial public offering.
The company intends to sell 41.3 million shares at a marketed price range of $23 to $26 in a $1.01 billion offering. The company also has an additional 6.195 million shares as an overallotment option for its underwriters.
If GDI prices at the midpoint of its proposed range, the company could have a market capitalization of $4.8B.
The joint book-running managers for the IPO are Goldman Sachs & Co., Citigroup, UBS Investment Bank, KKR, Simmons & Company International, Deutsche Bank Securities, Baird, Credit Suisse and Morgan Stanley. The co-managers are William Blair, Stifel, HSBC Corp., Macquarie Capital, Credit Agricole CIB and Mizuho Securities.
