(Updated - May 14, 2024 1:12 PM EDT)
Waystar Eyes June IPO at Valuation of $5B-$6B - WSJ
- Waystar is eyeing an initial public offering in early June. The company planned to go public last year, but delayed the listing.
- It now expects to launch its roadshow pitch to investors later this month.
- The company will reportedly target a valuation of $5B-$6B.
- Waystar is backed by EQT (EQT). EQT and Canada Pension Plan Investment Board acquired majority stake in Waystar in 2019 at $2.7B value.