[update] Olaplex Files for IPO

Advent purchased Olaplex in 2019.
Advent purchased Olaplex in 2019.

Olaplex, backed by Advent International, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its common stock.

Alert: Olaplex CEO JuE Wong will speak at Beauty Accelerate Virtual; registration is now open.

Olaplex intends to list its common stock on the Nasdaq Global Select Market under the ticker symbol “OLPX.”

The number of shares to be offered and the price range for the proposed offering have not yet been determined.

Goldman Sachs & Co. LLC, J.P. Morgan, Morgan Stanley and Barclays are acting as joint lead book-running managers for the proposed offering. BofA Securities, Evercore ISI, Jefferies and Raymond James are also acting as joint bookrunning managers.

Cowen, Piper Sandler, Truist Securities, Telsey Advisory Group, Drexel Hamilton and Loop Capital Markets are acting as co-managers.

Olaplex has been a darling of the hair care industry, launching an at-home version of its bond-building technology and, most recently, a 4-in-1 moisture mask

 

 

More in News