MIAMI — Neff Rental last month announced it is planning an initial public offering of as much as $345 million in common stock.
Credit Suisse, UBS Investment Bank, CIBC World Markets, Robert W. Baird & Co., and William Blair & Co. will underwrite the IPO, according to a preliminary offering document filed with the Securities and Exchange Commission.
Odyssey Partners, a private investment firm, acquired control of Neff with a major re-capitalization in June 2003. Neff is No. 9 on the RER 100.