Care.com Readies Initial Public Offering
Care.com is setting the wheels in motion to become a publicly traded company. The company just announced that is has filled out a registration statement with the SEC for the proposed initial public offering of its common stock.
Morgan Stanley, BofA Merrill Lynch, and J.P. Morgan are going to serve as joint book-running managers for the proposed initial public offering. Allen & Company LLC and Stifel will act as senior co-managers. It has not yet been determined how many shares will be sold in the proposed initial public offering.
Ocean Media provides Care.com with media planning and media buying services, helping them grow to be the largest site in their industry at more than 7 million members. You can learn more about Care.com in the following commercial from our media buying campaign: