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Wave2Wave files for a $95 million IPO

February 8, 2010
WAV

Wave2Wave Communications, which provides communication services to SMBs in the northeast and midwest United States, filed on Monday with the SEC to raise up to $95 million in an initial public offering. The Hackensack, NJ-based company, which was founded in 1999, booked $72 million in sales over the last 12 months. Rodman & Renshaw is the sole bookrunner on the deal, for which pricing terms and timing were not disclosed.