Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
Baird served as a co-manager in this offering.
Colfax Corporation (“Colfax” or the “Company”) (NYSE: CFX) recently completed a follow-on offering of 9,000,000 shares of common stock at a price of $34.00 per share, generating gross proceeds of approximately $306 million. The Company intends to use the net proceeds from the offering for general corporate purposes, which may include capital expenditures, acquisitions, refinancing of indebtedness and working capital.
Colfax is a diversified global industrial manufacturing and engineering company that provides gas- and fluid- handling and fabrication technology products and services to commercial and governmental customers around the world. The Company offers its products under the Howden, ESAB, and Colfax Fluid Handling brand names and serves a wide range of end markets including power generation, oil and gas, mining, petrochemical, commercial marine and defense. Colfax was founded in 1995 and is headquartered in Fulton, Maryland.