HireRight job selection specialist files IPO



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HireRight Holdings on Wednesday filed plans for an initial public offering under the symbol HRT on the New York Stock Exchange. The Nashville-based job selection company lists 15 underwriters on its IPO prospectus led by Credit Suisse and Goldman Sachs. HireRight said it plans to raise up to $ 100 million when it goes public as a placeholder, but that figure will most likely be revised when the company provides an estimated price range in future filings. HireRight reported a net loss of $ 15.6 million and revenue of $ 326.5 million for the six-month period ended June 30, compared with a net loss of $ 45.9 million and revenue of business of $ 259.4 million for the period of the previous year. Private equity firms General Atlantic currently owns 52% of HireRight and StonePoint Capital owns 29%.

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