Erickson Air-Crane postpones IPO

Erickson Air-Crane postpones IPO

5-Feb-2012 Source: Renaissance Capital

Erickson Air-Crane, which manufactures S-64 heavy-lift helicopters for government and commercial use, postponed its IPO on Wednesday. The Portland, OR-based company, which had been on the calendar for next week, booked $147.3 million in sales for the 12 months ended 9/30/11. Stifel Nicolaus Weisel was set to be the lead underwriter on the deal.

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