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Brace yourself: Performance Health files for a $100 million IPO

April 22, 2016
PHC

Performance Health Holdings, which designs and manufacturers branded rehabilitation and wellness products, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Akron, OH-based company was founded in 1918 and booked $154 million in sales for the 12 months ended January 31, 2016. It plans to list on the Nasdaq under the symbol PHC. Credit Suisse, Jefferies, Baird, UBS Investment Bank, William Blair and SunTrust Robinson Humphrey are the joint bookrunners on the deal. No pricing terms were disclosed.