 |
FGS Global represents Boston-based Klaviyo, marketing automation and data platform, that plans to go public in an IPO valued at up to $6.8B, according to Reuters.
It plans to offer 19.2M shares pegged in the $25 to $27 per share range. The shares will trade on the New York Stock Exchange.
Founded in 2012 by Andrew Bialecki and Ed Hallen, Klaviyo stores and analyzes data for e-commerce companies to help them send personalized marketing pitches to targeted customers.
Klaviyo reported a 54.3 percent rise in first-half revenues to $321M and a $15M profit vs. a $25M year-ago loss.
Spotify is among investors in Klaviyo. BlackRock and AllianceBernstein plan to buy up to $100M of stock in the IPO.
FGS Global has Chris Kittredge, Julie Rudnick and Catherine Livingston on the Klaviyo account.
FGS Global represents private equity firm Thoma Bravo as it makes a $4.6B bid for Darktrace, a UK-based cybersecurity artificial intelligence firm.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Have a comment? Send it to 
No comments have been submitted for this story yet.