Blyth-owned ViSalus files for $175 million US IPO

By
A A A

ViSalus, a provider of weight management, nutritional supplements and energy drink products, filed on Thursday with the SEC to raise up to $175 million in an initial public offering. The Troy, MI-based company, which was founded in 2005, booked $498 million in sales for the 12 months ended June 30, 2012. The company will be majority owned by Blyth ( BTH ) following the offering. Jefferies & Co. is the sole bookrunner on the deal. No pricing terms, exchange or ticker were disclosed.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: BTH

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

Stocks

Referenced

100%

Most Active by Volume

112,007,213
  • $14.79 ▼ 2.12%
79,492,830
  • $17.05 ▲ 0.24%
63,236,947
  • $56.63 ▲ 7.54%
55,553,482
  • $3.41 ▼ 3.94%
53,662,885
  • $14.19 ▼ 3.47%
52,606,858
  • $100.75 ▲ 0.64%
39,074,810
  • $4.84 ▼ 2.22%
38,681,912
  • $25.62 ▲ 0.79%
As of 9/30/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com