 |
Kekst CNC is handling the $100M initial public offering of Avantor, supplier of chemicals/services to the biopharma, life sciences and advanced technology sectors.
Founded in 1904, Avantor merged with NuSil in 2016 and VWR Corp., a $6.4B transaction, in 2017.
Avantor CEO Michael Stubblefield, formerly senior expert for chemicals practice at McKinsey & Co. and VP at Celanese Corp., reported nine-month 2018 revenues of $4.3B and a $33.6M loss.
Kekst CNC’s Daniel Yunger and Liz Cohen handle the IPO.
Publicis Groupe owns Kekst CNC.
C Street Advisory handles iRobot Corp as the marketer of the Roomba autonomous vacuum cleaner files Chapter 11 after being squeezed by cheaper competitors.
Joele Frank represents Confluent Inc. as the Mountain View, CA-based data streaming platform company agrees to be acquired by IBM in a deal with an enterprise value of $11B.
Tom Johnson, who has headed H/Advisors Abernathy since 2016, will join FGS Global as global head of private capital & financial services, effective Dec. 16.
Brunswick Group and Gagnier Communications are handling Paramount’s $30 cash per-share offer for all of Warner Bros Discovery, topping Netflix $27.50 cash/stock transaction.
ICR Inc. handles communications for Enhanced Ltd, which plans to run Olympic-type competitions with athletes using performance-enhancing drugs, as it goes public in a SPAC deal valued at $1.2B via a merger with A Paradise Acquisition Corp. of Hong Kong.
