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Lightfoot Capital's Arc Logistics Partners files for a $100 million IPO

October 2, 2013

Arc Logistics Partners LP, an limited partnership formed by Lightfoot Capital to own and operate energy logistics assets, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. The New York, NY-based company, which was founded in 2013 and booked $34 million in sales for the 12 months ended June 30, 2013, plans to list on the NYSE under the symbol ARCX. Arc Logistics Partners LP initially filed confidentially on August 12, 2013. Citi and Barclays are the joint bookrunners on the deal. No pricing terms were disclosed.