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Avantor, an LBO'd lab supplier, files for an estimated $1.5 billion IPO

February 8, 2019
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Avantor, a LBO'd provider of laboratory supplies and services, filed on Friday with the SEC to raise up to an estimated $1.5 billion in an initial public offering.

The Radnor, PA-based company was founded in 1904 and booked $5.1 billion in sales for the 12 months ended September 30, 2018. Goldman Sachs and J.P. Morgan are the joint bookrunners on the deal. The company did not disclose a proposed ticker or exchange.