Shaving company Harry’s files confidentially for IPO: report (NYSEARCA:IPO)
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Shaving products maker Harry’s has reportedly confidentially filed for an initial public offering.
Banks involved in the deal include Goldman Sachs, J.P. Morgan, Barclays and Wells Fargo. The company was valued at around $1.7B in a 2021 fundraising round and counts Bain Capital and Macquarie Capital as key investors. Harry’s is said to have annual revenue of nearly $1B, Reuters reported.
In addition to the Harry’s men’s personal care products line, the company also owns women’s shaving products line Flamingo, deodorant brands Lume and Mando, and pet care line Cat Person, Reuters added.
Other leading makers of shaving products include Procter & Gamble’s (PG) Gillette and Edgewell’s (EPC) Schick.
