The online marketplace for heavy equipment's shareholders are venture firm Accel Partners (19.2%), y Caterpillar (9.63%), Komatsu America Corporation (7.4) and Kleiner Perkins Caufield & Byers (19.2%).
IronPlanet, a US-based online marketplace for heavy equipment backed by US-based vehicle compan Caterpillar, has pulled its planned initial public offering, citing “market conditions”.
The company’s institutional shareholders are venture firm Accel Partners (19.2%), y Caterpillar (9.63%), Komatsu America Corporation (7.4) and Kleiner Perkins Caufield & Byers (19.2%).
Banks JP Morgan, Deutsche Bank Securities, Piper Jaffray, Baird and Pacific Crest Securities were advising the flotation.
In 2010 the company had $58.6m in revenue and made a net loss of $5.7m.
