IMS Health files for IPO

IMS Health Holdings Inc. (Danbury, Conn.) filed to raise up to $100 million in an IPO underwritten by JPMorgan; Goldman Sachs; Morgan Stanley; BofA Merrill Lynch; Barclays; Deutsche Bank; and Wells Fargo. IMS Health is an information and technology services company for the healthcare industry, including pharmas and biotechs, government agencies and payers. The company had 2012 revenues of $2.4 billion.

In February 2010, funds managed by private equity firms TPG Capital and Leonard Green & Partners along with CPP Investment Board took IMS Health private in a deal valued at $5.2 billion, including the assumption of debt (see BioCentury Extra, Nov. 5, 2009). ...