PE Week Wire - Thursday, April 7
Summary
Two weeks ago, Intel Capital President John Miner announced that his last day would be June 1. www.intel.com Spectrum Equity Investors reportedly has sponsored a leveraged recap of Classic Media Inc., a New York-based owner of cartoon and television characters like Mr. Magoo and The Lone Ranger. National Waterworks Holdings Inc., a Waco, Texas-based provider of water and wastewater transmission products in the U.S., has filed to raise $400 million via an IPO of common stock, which would trade on the NYSE under ticker symbol NWW. It then was purchased by Johnstown America Industries (now known as TTII), and resold in June 1999 to an investor group that included company management, Trimaran Capital Partners and John Hancock Life Insurance Co. www.johnstownamerica.com Hardide Ltd., a UK-based provider of tungsten carbide coating solutions, has successfully floated its ordinary shares on the AIM market of the London Stock Exchange. In return for besting over 340 other PE Week Wire readers, Ryan receives a complimentary one-year subscription to Venture Capital Journal, and the opportunity to “own” this space someday in the very near future (I’m hoping it’s this Friday, since I’ need to be in Chapel Hill for the VCIC competition). www.emdiesels.com Advanced Analogic Technologies Inc., a Sunnyvale, Calif.-based provider of power management semiconductors for mobile consumer electronic devices, has filed to raise $172.5 million via an IPO of common stock on the Nasdaq, under proposed ticker symbol AATI.