Aramark Holdings Corp. operates as a provider of institutional food and facilities services in 22 countries. The company announced that it had filed an initial public offering worth USD100 million.

In regulatory filing today, Goldman Sachs Group Inc., Credit Suisse Group AG, Morgan Stanley and JP Morgan Chase & Co. were hired to lead the IPO. Aramark Holdings would start trading on the New York Stock Exchange.

The IPO signaled exit for Aramak's owners that included Joseph Neubauer, Goldman Sachs, Thomas H. Lee Partners LP and Warburg Pincus LLC. This was after the 2007 US buyout investment for Aramak Holdings. Private Equity owners of Aramark Holdings had invested more than USD1.7 billion in the company's stock during the buyout as shown in the filings. Neubauer contributed USD200 million. Meanwhile, other existing shareholders may sell stock in the IPO according to the company's filing today without naming company names.  

The net proceeds of the IPO would be used to pay the debt of Aramark Holdings Corp amounting to USD6.2 billion.