When will ServiceTitan finally go public? Now, executives are waiting until after the election, sources say.

from Business Insider 5 months ago

ServiceTitan's IPO has been delayed due to market turbulence and the upcoming presidential election, pushing its potential public offering into 2025.
Business Insiderhttps://www.businessinsider.com/servicetitan-waiting-until-after-the-election-to-go-public-2024-8

Despite filing for an IPO confidentially in 2022 and initially targeting a valuation of $18 billion, external factors such as geopolitical tensions and market conditions have forced the company to reconsider its timeline.
Business Insiderhttps://www.businessinsider.com/servicetitan-waiting-until-after-the-election-to-go-public-2024-8

Cameron Lester of Jefferies remarked that 'this year has been a disappointment for IPOs,' indicating that while there are hopeful signs, many companies remain hesitant to go public.
Business Insiderhttps://www.businessinsider.com/servicetitan-waiting-until-after-the-election-to-go-public-2024-8

Even with a recovering IPO market, ServiceTitan's executives are opting for caution, deciding to navigate the uncertainties until after the election before moving forward with their public offering.
Business Insiderhttps://www.businessinsider.com/servicetitan-waiting-until-after-the-election-to-go-public-2024-8

Read at Business Insider

#servicetitan #ipo #market-conditions #election-impact #tech-stocks

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When will ServiceTitan finally go public? Now, executives are waiting until after the election, sources say.When will ServiceTitan finally go public? Now, executives are waiting until after the election, sources say. Briefly

When will ServiceTitan finally go public? Now, executives are waiting until after the election, sources say.
When will ServiceTitan finally go public? Now, executives are waiting until after the election, sources say.
Briefly