Private Equity
(LBO Wire is a daily newsletter with comprehensive analysis of all the investments, deals, fundraisings and personnel moves involving private equity firms. For a two-week trial, visit http://on.wsj.com/DJPEVCNews, scroll to the bottom and click “try for free.”) Waco International Holdings Ltd., a South African equipment rental and industrial services company backed in part by Ethos Private Equity, plans to raise as much as 3.5 billion rand ($258 million) from the sale of new and existing shares ahead of an Oct. 23 listing on the Johannesburg Stock Exchange , according to Bloomberg News.

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