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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.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
Joele Frank handles C.H. Robinson Worldwide as the freight transportation company acquires RXO Inc. in a stock and cash transaction pegged at $5.8B to create a company with an enterprise value of more than $25B.
Brunswick Group handles France’s Schneider Electric as it acquires Boston’s PTC, maker of engineering software, for $22.6B cash.
Burson Buchanan handles AAR Corp as the supplier of parts and services to the aviation market acquires a 65 percent stake in MRO Holdings.
