Moelis Files For IPO Enthused By M&A Rebound – ValueWalk Premium

Moelis Files For IPO Enthused By M&A Rebound

Investment banker Ken Moelis’ Moelis & Co unveiled plans to raise $100 million by offering its class A stock.

Post-initial public offering, Ken Moelis will retain control over the company.
Flurry of deals
2013 was the strongest year for U.S. IPOs by dollar volume since 2000, according to Thomson Reuters data. Last year saw large floats such as Hilton Worldwide Holdings Inc (NYSE:HLT) and Plains GP Holdings LP (NYSE:PAGP) that lifted deal proceeds 21 percent to $56.4 billion.
Moelis & . . .


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