Soho House eyes $3.2bn valuation ahead of New York listing July 6, 2021 The parent company of the Soho House members club said it is targeting a valuation of about $3.2bn (£2.3bn) as it prepares to list on the New York Stock Exchange. The group, which filed for the initial public offering (IPO) under the name ‘Membership Collective Group’ in June, said it plans to raise as much [...]
Private equity firm Bridgepoint confirms plans to float on London Stock Exchange July 6, 2021 Private equity firm Bridgepoint have confirmed plans to raise £300m through an impending float. The firm dangled the prospect of an IPO last month but have confirmed the move in an announcement to markets this morning. The buyout group, which has around £27.4bn of assets under management across equity and debt funds, says it seeks [...]
Didi gets a flat: Market debut runs out of steam after $80bn turbo-charged IPO July 1, 2021 Chinese ride-hailing app Didi had a market debut that ran out of steam after the company temporarily soared to a market value of $80bn in its first day of trading on the New York Stock Exchange. Watch the full report.
Legal services company LegalZoom makes $7bn Nasdaq debut June 30, 2021 LegalZoom shares today opened 31 per cent above the company’s offer price in its Nasdaq debut, valuing the online legal services company at $7bn (£5bn). The legal tech giant helps users generate legal documents without lawyers. Shares opened at $36.75 (£26.61), up from the company’s initial public offering (IPO) on Tuesday which saw over 19m shares [...]
Duolingo files for US IPO as lockdown learners lean into languages June 29, 2021 Duolingo has filed for a US initial public offering after bumper demand for its language-learning app during coronavirus lockdowns translated into higher revenue. The Pittsburgh-based company, which was valued at $2.4bn (£1.7bn) following a funding round in November, last night unveiled plans to list on the Nasdaq exchange. It comes after Duolingo’s revenue soared almost [...]
Private equity firm Bridgepoint unveils plans for London IPO June 29, 2021 Private equity firm Bridgepoint today unveiled plans to list on the London Stock Exchange, marking the latest boost for the capital’s IPO market. The buyout group, which has around €27.4bn of assets under management across equity and debt funds, said it will seek to sell around a quarter of its shares while a further 15 [...]
Retail software firm Itim goes public in £48m London float June 28, 2021 Itim, a specialist software firm that provides services to retailers, has gone public through a £48m stock market float in London. The tech firm, which was founded in 1993 by veteran retail executive Ali Athar, will list today on London’s junior Aim market. Itim has raised £8m through the placing of 5,194,806 new ordinary shares [...]
Exclusive: Ad tech firm that shuns cookies and has Amazon and D&G as clients to float on AIM June 27, 2021 Exclusive: AI marketing firm that shuns cookies and has Amazon and D&G as clients to float on AIM
Biggest since Alibaba: Investors rush for a slice of Didi’s US IPO June 25, 2021 Investors rushed to place orders for Didi’s upcoming IPO this week, putting the ride-hailing giant on course for the biggest U.S. share sale by a Chinese company since Alibaba. Watch the full report.
Kate Middleton’s favourite maternity brand gears up for £61m IPO June 24, 2021 Seraphine, known for being Kate Middleton’s go-to maternity brand, is gearing up for a £61m float on the London Stock Exchange. The group, which will float on the main market of the LSE and is expected to IPO next month, intends to use approximately £16m of proceeds to repay its existing term loan and to [...]