When it comes to mergers & acquisitions, Richard Heckmann is a seasoned pro. His most recent deal was the sale of K2 to Jarden (NYSE: JAH).But, once a deal junkie, always a deal junkie.
So, Heckmann has formed Heckmann Corporation, which has filed for a blank-check offering. That is, he will raise money on the public markets and then try to find some deals. What deals? That's up to Heckmann.
Based on the current filing, it looks like he'll have about $500 million to work with. And I'm sure he will put it to good use.
It was back in 1990 that Heckmann founded US Filter. He struck a myriad of M&A deals and grew the company from $17 million to $5 billion in revenues by 1999. He then sold US Filter for $8.2 billion to Vivendi S.A.
The lead underwriter on the IPO is Credit Suisse.
You can find the prospectus at the SEC website.
If you want to see more recent IPO filings, you can click here.
Tom Taulli is the author of various books, including the Complete M&A Handbook and the EDGAR-Online Guide to Decoding Financial Statements.
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