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Quinpario prices IPO for specialty chemical buyout vehicle
11:58 AM MDT | August 9, 2013 | Robert Westervelt
Quinpario Acquisition (St. Louis), a blank check acquisition vehicle led by former Solutia executives to purchase specialty chemicals and materials businesses, has priced a planned initial public offering to raise $150 million. Quinpario expects the IPO to be completed by the middle of next week, a spokesperson says. Quinpario's chairman and CEO is Jeff Quinn, former CEO of Solutia, and management includes five other senior Solutia executives. Quinpario will target specialty chemical and performance materials companies with an enterprise value of $300 million-$1...
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