Booz Allen Hamilton files IPO raising upto $300 Million
Bangalore: Booz Allen Hamilton, a consultancy firm, has filed a public offering (IPO) of $300 million. Among the private equity-backed firms, the firm is the latest to do so in this year, reports Selina Harrison of Financier.com.
Booz Allen provides management and technology consulting services to the US government in sectors like defence, intelligence and civil. The firm is backed by the Carlyle Group, which had bought a majority stake in Booz Allen Hamilton in 2008 for $2.54bn.
According to Reuters, Morgan Stanley, Barclays Capital, Bank of America Merrill Lynch and Credit Suisse will be the joint book-running managers for the listing. The shares are expected to trade under the symbol 'BAH'.
