Perella Weinberg Partners said working with Goldman and JPMorgan on IPO

JPMorgan Chase

Perella Weinberg Partners is working with Goldman Sachs and JPMorgan Chase on its initial public offering, which could be filed by the end of this year, according to people familiar with the matter.

Bloomberg News reports that Goldman and JPMorgan are joint bookrunners working toward an IPO that could value the New York-based firm at about $1.5 billion, or roughly three times its annual sales, said the people, who asked not to be identified because the matter isn’t public. The firm, founded by Joe Perella and Peter Weinberg, could price an offering early next year, they said.

No decision has been made and Perella Weinberg could decide to delay or forgo an IPO, depending on market conditions, according to the people.

Hit the link below to access the complete Bloomberg News article:

Perella Weinberg Taps Goldman and JPMorgan to Lead IPO

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