Ironbridge-owned Bravura files for $113m Australia IPO
Australia-based financial services administrator Bravura Solutions is looking to raise A$148 million ($113 million) through a domestic IPO – three years after its PE owner Ironbridge Capital privatized the business in a deal worth A$173 million (then $158 million).
The company will sell 78.9 million new shares and 23.2 million existing shares for A$1.45 apiece, according to a prospectus. Ironbridge will sell 16.1 million shares, generating A$23.3 million, and then...
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