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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.
Caterpillar’s Rob Rengel will join ATI Inc. on June 22 as VP-investor relations, succeeding the retiring David Weston.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
Prosek Partners brings on Danielle O’Brien as a managing director in its investor relations practice, based in the firm’s New York office.
