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ServiceTitan, a home service software company, has announced the launch of its initial public offering (IPO). The company aims to raise up to $502 million through the sale of 8.8 million shares, priced between $52 and $57 per share. This would value the company at a market capitalization ranging from $4.7 billion to $5.2 billion. The IPO is scheduled to take place on Thursday, December 12, 2024, and is notable as it could be the last major U.S. listing of the year. ServiceTitan, which describes itself as 'modernizing the trades,' provides software solutions for home service businesses.
Home service software business ServiceTitan is seeking to raise as much as $502 million in an IPO, in what could be the last major US listing of 2024 https://t.co/za6EYC6DhD
Home service software business ServiceTitan is seeking to raise as much as $502 million in an IPO, in what could be the last major US listing of 2024 https://t.co/UTres6Qcl9
Company that is "modernizing the trades", ServiceTitan Inc., sets terms for its #IPO. Shares: 8.8 million Price Range: $52.00-$57.00 Market Cap: $4.7b-$5.2b Trade Date: Thursday, 12/12 Link to $TTAN S-1/A: https://t.co/NwyuJcL1u6 https://t.co/Op9lQk2USQ