Tangoe, an Orange, CT-based provider of enterprise communication management software, has filed for an initial public offering of $75 million in common stock. The proceeds from the IPO will go to paying down the company’s debt, as well as increasing capital for financing growth, developing new products, and funding potential future investments and acquisitions, the filing indicated. Deutsche Bank Securities and Thomas Weisel Partners will act as joint book-runners for the deal.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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