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Business/Financial

Security Firm O’Gara Group Plans $150 Million IPO

DDN

Tuesday, August 26th, 2008

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By Calvin Biesecker The O'Gara Group, a security firm specializing in night vision equipment, training services, and armored vehicles for civil markets, last Friday filed plans with the Securities and Exchange Commission for an initial public offering (IPO) of common stock that would raise $150 million. Just about all of the proceeds from the IPO would be used to fund three pending acquisitions that would significantly boost the company's sales and provide most of its business from international customers. O'Gara's…

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