Reported 1 day ago
ServiceTitan Inc., a home service software provider, is looking to raise up to $501.6 million in its initial public offering, potentially marking the final major U.S. listing of 2024. The Glendale, California-based company plans to offer 8.8 million shares priced between $52 and $57 each, which could value it at $5.16 billion. Despite previous valuations peaking at $9.5 billion during a market boom, their current valuation stands at approximately $7.6 billion. The IPO is being underwritten by major banks including Goldman Sachs and Morgan Stanley, with shares set to trade on the Nasdaq under the symbol TTAN.
Source: YAHOO