Colfax Completes $741 Million Follow-On Offering

Industrial

Colfax follow-on offering


Summary

Colfax Corporation (“Colfax” or the “Company”) (NYSE: CFX) recently completed a follow-on offering of 16,100,000 shares of its common stock at a price of $46.00 per share, generating gross proceeds of $740.6 million, inclusive of the underwriters option to purchase an additional 2,100,000 shares of common stock from the Company. The Company intends to use the net proceeds for working capital and other general corporate purposes.

Baird served as a co-manager on this offering.

About

Colfax is a leading diversified technology company that provides specialty medical technologies and fabrication technology products and services to customers around the world, principally under the DJO and ESAB brands. Colfax believes that its brands are among the most highly recognized in each of the markets that it serves. The Company uses its Colfax Business System, a comprehensive set of tools, processes and values, to create superior value for customers, shareholders and associates. Colfax is headquartered in Annapolis Junction, Maryland.
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Industrial

Colfax follow-on offering

Date
April 2021
Company
Colfax Corporation
Transaction
Equity Capital Markets
Sectors
Industrial
Verticals
Machinery & Equipment
Target Location
North America

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