in this issue
EnviroTech :: Biotech
AgraQuest Plans 2011 IPO
2:27 PM MDT | May 26, 2010 | Vincent Valk
Biopesticide firm AgraQuest (Davis, CA) is planning to launch an IPO sometime in 2011, CEO Marcus Meadows-Smith told attendees at CW's CFO Conference in New York yesterday. The company is currently engaged in a pre-IPO funding round, largely for growth and working capital, Meadows-Smith adds. It is expecting revenues to total about $30 million for this year, and is cash flow positive. AgraQuest considered M&A, but does not find current multiples attractive, Meadows-Smith says. IPO markets in the U.S. were weak from the second half of 2008 into the first half...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee