FriendFinder Considering IPO Again


FriendFinder, the Internet company behind Cams.com, Adult FriendFinder, FriendFinder.com, AsiaFriendFinder, ItalianFriendFinder, KoreanFriendFinder, SeniorFriendFinder etc. is considering an IPO again. The company has filed an amendment to the Form S-1 with the SEC.

FriendFinder plans on using the net proceeds from the IPO to repay their debt. Imperial Capital and Ladenburg Thalmann & Co. is working as the joint bookrunners for the deal. In December 2008, FriendFinder filed a registration statement with the SEC to raise $460 million in the IPO at the time. It was later adjusted to $220 million. Around December 2007, Adult FriendFinder was acquired by Penthouse for $400 million.

[TechCrunch]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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