Sign In
NewsRadar

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.

   


3TS Capital Partners’ portfolio company LogMeIn listed on Nasdaq


2 July 2009- Budapest

LogMeIn (Nasdaq:LOGM), a provider of on-demand, remote-connectivity solutions to small and medium-sized businesses, IT services providers and consumers, completed the initial public offering of 6,666,667 shares of its common stock at a price to the public of $16.00 per share. Of the 6,666,667 shares offered to the public, 5,000,000 shares have been offered by LogMeIn and 1,666,667 shares have been offered by selling stockholders. In addition, the underwriters have a 30-day option to purchase up to an additional 1,000,000 shares to cover over-allotments, if any. LogMeIn's common stock began trading on The NASDAQ Global Market under the symbol 'LOGM' on July 1, 2009.

Joint book-running managers on the offering are J.P. Morgan Securities Inc. and Barclays Capital Inc.Thomas Weisel Partners LLC, Piper Jaffray & Co., and RBC Capital Markets Corporation are acting as co-managers on the offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.


About 3TS Capital

3TS Capital Partners (www.3tscapital.com) is one of the leading private equity and venture capital firms in Central and Eastern Europe operating in the whole region through offices in Budapest, Bucharest, Prague, Vienna and Warsaw. 3TS targets investments in growth sectors including Consumer & Services, Media & Marketing, Technology & Telecoms and Energy & Environment. Investors in the 3TS funds totaling over € 200 million include 3i, Cisco, Sitra, EBRD and KfW among others.

3TS Capital Partners, 3TS and the 3TS logo are registered trademarks or trademarks of 3TS Capital Partners Ltd. and/or its affiliates.


About LogMeIn

LogMeIn is a leading provider of on-demand, remote-connectivity solutions to mobile operators, handset OEMs, small and medium businesses, IT service providers and consumers. LogMeIn products are deployed on demand and are accessible through a Web browser. The LogMeIn family includes LogMeIn Pro®, LogMeIn® Ignition™, LogMeIn Rescue®, LogMeIn IT Reach®, LogMeIn Backup®, RemotelyAnywhere®, LogMeIn Free® and LogMeIn Hamachi®. LogMeIn is based near Boston in Woburn, Massachusetts, with offices in Australia, Hungary and the Netherlands.


For more information please contact:


Gabriella NAGY
Marketing & Communication
TEL +43 1 537 03190
FAX +43 1 537 03130
MOBILE +36 20 203 5956
E-MAIL gnagy@3tscapital.com

3TS CAPITAL PARTNERS
FISCHHOF 3/25.
A-1010 VIENNA
www.3tscapital.com


Publisher Contact Information:

3TS Capital Partners Ltd
+43 1 537 03190
gnagy@3tscapital.com

Company profile of 3TS Capital Partners Ltd
Past press releases of 3TS Capital Partners Ltd.

Data


27,739
Tech investments
From our Online Data Service
17,889
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
Dec 21€50.0MKnowledge management
Dec 20€16.0MSemiconductors
Dec 17€18.0MOther Computers & Electronics
Dec 17€5.2MBiotechnology
Dec 17€17.0MBusiness applications
Dec 15€17.0ME-Commerce
Dec 4€3.3MNanotechnology

For information on Europe's most extensive database on technology funding click here!

Events



Press Releases


Sep 30
TetaVi
tetavi raises $6 million to help more companies bring 3d holograms ...

May 28
Identiq
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
Nethone
nethone raised over $1 million from innovation nest

Mar 31
CompPair
the fit allocates chf 100'000 to comppair technologies

Jan 29
Yumpingo
yumpingo raises $10m to transform guest experiences in restaurants





About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.