![]() ![]() The company also offers home improvement subscriptions and sells furniture through third-party sellers. It aims to connect homeowners with professionals who have the best resources, vendors, and tools required for remodeling. Meanwhile, as more people have spent their time at home during the pandemic since early 2020, the demand for remodeling services of homes is on a higher side, and that could boost the company's prospects.Įstablished in 2009, Houzz provides home renovation and design services. It also cancelled the plans of launching its furniture segment due to a downturn in the business. Houzz reportedly reduced 10 per cent of its staff in 2020 due to the negative impact of the coronavirus pandemic. However, reports suggest that the company is considering a public debut as it has seen a bit of resurgence after the COVID-19 pandemic.Īlso Read: E Automotive IPO: How to buy the Canadian online car seller's stock? ![]() The official statement is yet to come from Houzz. In 2021, private companies opted for an IPO worldwide, and the overall demand for pre-IPO stocks remained high. The home remodeling company could go public in 2022, and it will likely depend on market conditions. It was reportedly last valued at US$ 4 billion in 2017 after a private funding round led by ICONIQ Capital. ![]() Houzz could be looking to go public as the online architecture company may have got an extra boost during the COVID-19 pandemic. It is likely in touch with Goldman Sachs to prepare for the initial public offering (IPO). is reportedly looking to go public in the US markets. The California-based home remodeling company Houzz Inc. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |