| Ticker: IMTN | 745 Atlantic Avenue | |
| Exchange: NASDAQ-National Market | Boston, Massachusetts 02111 | |
| Industry: Service | (617) 357-4455 |
| Type of Shares: | Common Shares | Filing Date: | 12/1/95 | |
| U.S. Shares: | 4,800,000 | Offer Date: | 1/31/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $16.00 - $18.00 | |
| Primary Shares: | 2,350,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 2,450,000 | Gross Spread: | $1.12 | |
| Offering Amount: | $81,600,000 | Selling: | $0.65 | |
| Expenses: | $1,000,000 | Reallowance: | $0.10 | |
| Shares Out After: | 10,127,141 |
| Manager | Tier | Phone |
| Prudential Securities Incorporated | Lead Manager | (212) 214-3000 |
| Oppenheimer & Company, Inc. | Co-manager | (212) 667-7402 |
| William Blair & Company | Co-manager | (312) 236-1600 |
| Auditor: Arthur Andersen | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/94 | 9/30/95 | 9/30/94 | 9/30/95 | ||
| Revenue: | $87.62 | $76.79 | $65.05 | Assets: | $165.82 |
| Net Income: | $1.28 | $0.15 | $1.11 | Liabilities: | $144.30 |
| EPS: | -$0.02 | -$0.17 | $0.00 | Equity: | $21.52 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a full service records management company which provides storage and related services for all major media, including paper, computer discs and tapes, microfilm and microfiche, master audio and video tape, film and optical disks and X-rays. The company has approximately 14,000 customer accounts. The company's customers include more than half of the Fortune 500 and numerous legal, banking, health care, accounting, insurance, entertainment and government organizations. The company also sells storage materials and provides consulting and other records-related services. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to retire a warrant, to fund recent acquisitions and to repay indebtedness incurred to fund a portion of the above acquisition. |
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