INC's backers line up for a big Wall Street payday

The deep-pocketed outfits that helped take INC Research ($INCR) public last year are angling to cash in on the CRO's resulting success on the market, flipping shares in a secondary offering. A group of shareholders including Avista Capital Partners, Teachers' Private Capital and some current and former employees of INC have put up 8 million shares in an offering expected to close next week. At INC's current share price, they stand to gross more than $360 million. The CRO itself will not see any proceeds from the stock sale. Release