K2M Group Files for IPO of Up to $100 Million (WSJ)
K2M, now the biggest private spine company, turns 10 years old and gets ready to go public
K2M Group Holdings Inc. filed for an initial public offering for up to $100 million in common shares, as the medical device maker looks to pay down debt and fund its growth.
K2M produces implants and other items sold mainly to hospitals for use by spine surgeons. It said in its filing that it has commercialized 57 product lines over its 10-year history.
The company said it expects to use some of the proceeds it receives from the offering for general cor...
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