Telx Group Files for $100 Million IPO
The Telx Group Inc., a New York-based interconnection and colocation data center operator, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol TELX, with Goldman Sachs and Deutsche Bank Securities serving as co-lead underwriters.
The company reports $98 million in 2009 revenue, compared to $70 million in 2008.
Major shareholders include private equity firm GI Partners. www.telx.com
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