Online marketing platform provider Yodle files for a $75 million IPO

By Renaissance Capital,

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Yodle, which provides an online marketing platform for small businesses, filed on Tuesday with the SEC to raise up to $75 million in an initial public offering. The New York, NY-based company, which was founded in 2005 and booked $172 million in sales for the 12 months ended March 31, 2014, plans to list under the symbol YO. Yodle initially filed confidentially on May 14, 2014. Credit Suisse, Deutsche Bank, Jefferies and Piper Jaffray are the joint bookrunners on the deal. No pricing terms were disclosed.

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