Advantage Solutions, a US sales and marketing firm, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder.
The Irvine, CA-based company was founded in 2014 and booked $2.2 billion in revenue for the 12 months ended March 31, 2017. It plans to list on the NYSE under the symbol ADV. Goldman Sachs and Morgan Stanley are the joint bookrunners on the deal. No pricing terms were disclosed.
