Britanica Group is hoping to launch an IPO “as soon as next year,” Bloomberg reports, “according to people with knowledge of the matter,” who are apparently trying to seed interest in the market. CEO Jorge Cauz confirms in an interview, “We are seeing significant increases in revenue and increases in margin. So we want to continue to grow obviously. But since the market changes so rapidly, especially after Covid, we do want to tap into the public markets to accelerate that growth.” Those knowledgable people are hoping the parent of Merriam-Webster “could be valued at more than $1 billion.” The […]
