Twitter LinkedIn
    Wednesday, October 4
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»IPO»Private equity-backed healthcare platform Alignment files for IPO
    IPO

    Private equity-backed healthcare platform Alignment files for IPO

    March 4, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Alignment Healthcare Inc, a healthcare platform backed by private equity firms Warburg Pincus and General Atlantic, revealed a jump in revenue in its filing for an initial public offering on Wednesday.

    The company said its revenue jumped 27% to $955.4 million for the year ended Dec. 31, 2020. (https://bit.ly/309FaDT) Alignment, founded in 2013, is focused on providing private insurance coverage to senior patients enrolled in Medicare Advantage plans. The company said its net loss narrowed to $22.9 million in 2020, from $44.7 million a year earlier.

    Goldman Sachs, Morgan Stanley, JP Morgan, BofA Securities and William Blair are the lead underwriters for the offering. (Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli and Shounak Dasgupta).

    Read more/Source: Yahoo Finance

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Capital deals IPO PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Tech Giants Back Chip Designer Arm Holding’s $50 Billion Market Debut, Signaling a High-Stakes Realignment in Silicon Valley

    September 2, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Comments are closed.

    Other Articles

    JP Morgan closes Lynstone Special Situations Fund II with $2.4bn in total commitments

    June 8, 2022

    ICON Corporate Finance advises Retrac Group on MBO

    April 24, 2021

    Inflexion invests in corporate insurance broker DR&P Group

    March 5, 2021

    Neuberger Berman Continues To Expand Access To Private Equity For Individual Investors

    January 21, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?