Blackstone portfolio company Liftoff Mobile is targeting a valuation of up to $5.17bn in its initial public offering in the United States, the latest in a string of Blackstone-backed listings, according to a report by Reuters.
The Redwood City-based mobile app marketing company plans to raise as much as $762m by offering 25.4m shares priced between $26 and $30 each.
Expectations of increased capital markets activity in 2026 is supported by a strong pipeline of late-stage private companies. Matt...
Continue Reading
Sign up for FREE to read the full article and access 128K+ alternative investment headlines.