Mister Car Wash aims for over $5 bln valuation in U.S. IPO

Mister Car Wash Inc is looking to raise as much as $638 million through a U.S. initial public offering, targeting a valuation of more than $5 billion, a regulatory filing on Thursday showed. The Tucson, Arizona-based company is offering 37.5 million shares priced between $15 and $17 per share. It has applied to list its […]

IPA brewer Big Drop sets sights on an IPO

It has only been going for four years, but the Big Drop Brewing Company has attracted two of the industry’s biggest names on to its advisory board. Mark Hunter, who was chief executive of Molson Coors, and Stefan Orlowski, former head of Europe at Heineken, are also investors in the brewer of Galactic Milk Stout […]

Pexa Kicks Off $910 Million IPO in Year’s Biggest for Australia

Online property exchange Torrens Group Holdings Pty and some of its shareholders are looking to raise A$1.18 billion ($910 million) in what would be Australia’s biggest initial public offering of the year, coming after a rocky patch during which three deals were shelved. Torrens, which will be renamed into its brand name Pexa, is issuing about A$216 […]

Silver Lake-backed HR platform provider First Advantage files for a $100 million IPO

First Advantage, which provides technology solutions for human capital management, filed on Friday with the SEC to raise up to $100 million in an initial public offering. First Advantage is a leading global provider of technology solutions for screening, verifications, safety, and compliance related to human capital. Its comprehensive product suite includes Criminal Background Checks, Drug/Health […]

Post-Brexit listing: Czech payment giant Eurowag planning £1.4bn IPO in London

Private equity firm TA Associates is planning to list Czech Republic-based W.A.G. Payment Solutions, better known as Eurowag, on the London Stock Exchange, two sources told Reuters this evening. If the listing goes ahead, it would be seen by many as a reaffirmation of London’s attractiveness to European companies in the aftermath of Brexit. The transaction […]

General Atlantic-backed Centessa targets $1.7 bln valuation in U.S. IPO

Centessa Pharmaceuticals Plc, the newly formed biopharma company backed by private equity firm General Atlantic, said on Monday it was aiming for a valuation of up to $1.7 billion in its initial public offering in the United States. Formed in October, Centessa received $250 million funding in January. It is also backed by venture capital […]

Ex-Blackstone India Head Hunts for Next Star in Hot IPO Market

Mathew Cyriac is looking to take at least two companies public in India in the coming years after MTAR Technologies Pvt.’s debut success. MTAR Technologies, a precision engineering firm that Cyriac bought from Blackstone Group Inc. in 2017 when he left the private equity firm, has seen shares risen more than 60% since its March debut. The listing […]

Made.com set for £1bn London float

Made.com is set to confirm its initial public offering in London after the Covid-19 pandemic helped accelerate growth. An IPO for the online furniture retailer, co-founded by entrepreneur Brent Hoberman, will see some existing investors sell shares but also raise new money, and could value the business at anything up to £1bn, according to people […]

Oatly is valued at $10 billion in New York IPO

Fast-growing Swedish oat milk brand Oatly is headed for a splashy New York IPO that will test investor demand for companies that make plant-based foods. The company, which will list on the Nasdaq on Thursday, priced its shares at $17 each, giving it a valuation of $10 billion and raising over $1.4 billion from the […]

Temasek-backed payments firm Flywire eyes $2.4b valuation in US IPO

Flywire Corp is seeking a valuation of up to $2.4 billion in its initial public offering in the United States, the Temasek Holdings-backed payments firm said in a filing on Tuesday. The company said it is offering 8.7 million shares with voting rights for a price between $22 and $24 each. At the top end of […]