The cybersecurity firm KnowBe4, valued at $1 billion, is going public and wants to raise $100 million.
The company filed a document Friday with the Securities and Exchange Commission declaring that it has filed an initial public offering in the U.S.
KnowBe4 is valued at about $1 billion and has just over 1,000 employees, most of whom work in the firm’s downtown Clearwater headquarters.
The company has reported jumps in revenue over the past three years: $71.3 million in 2018, $120.6 million in 2019 and $174.9 million last year.
The lead underwriters are Morgan Stanley & Co., Goldman Sachs, BofA Securities and KKR Capital Markets. The Tampa Bay Business Journal, which first broke the story, reported that KKR invested $300 million into KnowBe4 in 2019.
Source: Tampa Bay Times
Can’t stop reading? Read more
Blackstone boosts hospitality portfolio with $200m Sunseeker Resort deal
Blackstone boosts hospitality portfolio with $200m Sunseeker Resort deal Blackstone Real Estate...
Apollo appoints Brian Chu to lead operational value creation platform APPS
Apollo appoints Brian Chu to lead operational value creation platform APPS Apollo Global...
TDR Capital eyes £2bn continuation deal for David Lloyd Leisure
TDR Capital eyes £2bn continuation deal for David Lloyd Leisure TDR Capital is nearing a £2bn...