Quick Take
KCI Holdings (KCIH) has filed to raise gross proceeds of $100 million from a U.S. IPO, according to an S-1 registration statement.
Prior to completion of the offering, KCI will become the holding company of the business conducted by Acelity and its subsidiaries - Kinetic Concepts, Systagenix and Crawford Healthcare.
The firm has developed a range of wound healing acceleration and specialty surgery solutions.
KCIH has a lot of debt from its private equity ownership history and has posted uneven financial results in recent years.
Company & Technology
San Antonio,