Summary
- KCI Holdings has filed to raise $100 million in a U.S. IPO, although the final figure may be as much as $500 million.
- The firm sells wound care products through its global distribution network.
- KCIH is private equity-owned, has a significant debt load, and has produced uneven financial results in recent periods.
- This idea was discussed in more depth with members of my private investing community, IPO Edge. Start your free trial today »
Quick Take
KCI Holdings (KCIH) has filed to raise gross proceeds of $100 million from a U.S. IPO, according to an S-1 registration statement.
Prior to completion of the offering, KCI will become the holding company of the business conducted by Acelity and its subsidiaries - Kinetic Concepts, Systagenix and Crawford Healthcare.
The firm has developed a range of wound healing acceleration and specialty surgery solutions.
KCIH has a lot of debt from its private equity ownership history and has posted uneven financial results in recent years.
