Booz Allen Hamilton files for IPO
- June 22, 2010
Consulting firm Booz Allen Hamilton filed an initial public offering on Monday, hoping to raise up to $300 million.
McLean-based Booz Allen said it would use the money to pay down debt.
Private equity giant Carlyle Group bought a majority share of the company for $2.54 billion in 2008.
Morgan Stanley & Co. Inc., Barclays Capital Inc., BofA Merrill Lynch and Credit Suisse Securities LLC are joint-running managers of the offering. Stifel Nicolaus & Co. Inc., BB&T Capital Markets LLC, Lazard Capital Markets LLC and Raymond James & Associates are co-managers of the offering.
The company would trade under the stock symbol BAH, according to the filing with the U.S. Securities and Exchange Commission. The filing did not specify a date or price per share of the offering.