Initial Public Offering
Baird served as co-lead manager on this offering
AboutWest Corporation (“West” or the “Company”) (NASDAQ-GS: WSTC), a portfolio company of Thomas H. Lee Partners, recently completed an initial public offering of 21,275,000 shares of common stock at a price of $20.00 per share, generating gross proceeds of $425.5 million. West intends to use the net proceeds from the offering for the repayment of debt and the payment of the termination fee under the sponsor management agreement.
West is a leading provider of technology-driven, communication services. The Company offers a broad portfolio of services, including conferencing and collaboration, unified communications, alerts and notifications, emergency communications, business process outsourcing and telephony / interconnect services. The scale and processing capacity of West’s proprietary technology platforms, combined with its expertise in managing voice and data transactions, enable the Company to provide reliable, high-quality, mission-critical communications designed to maximize return on investment for its clients. West serves Fortune 1000, along with small and medium enterprises in a variety of industries, including telecommunications, retail, financial services, public safety, technology and healthcare. West has sales and operations in the United States, Canada, Europe, the Middle East, Asia Pacific and Latin America. West was founded in 1986 and is headquartered in Omaha, Nebraska.
For additional information about this transaction, please contact:
- March 2013
- West Corporation
- Technology & Services
- Target Location
- North America
BGRS, a subsidiary of Relo, combination with SIRVA, a portfolio company of MDP
BHI, a portfolio company of AEI, acquisition by Westinghouse, a portfolio company of Brookfield