Kestra Medical Technologies, a Kirkland, Wash.-based maker of cardiac monitoring and therapeutic devices backed by Bain Capital, plans to raise approximately $150 million through an IPO on Nasdaq, pricing shares between $14 and $16. The IPO comes amid a challenging market, with three of the four largest U.S. IPOs this year trading below their initial offering price, according to GeekWire.
Read the full article: Bain Capital-Backed Kestra Aims to Raise $150M IPO //
Source: https://www.themiddlemarket.com/latest-news/bain-capital-backed-kestra-aims-to-raise-150m-ipo