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Rumors are circulating that Harry's, a prominent manufacturer of shaving products, has quietly submitted paperwork for an initial public offering. The financial institutions facilitating this transaction include Goldman Sachs, J.P. Morgan, Barclays, and Wells Fargo.
In a recent funding round last year, Harry's was valued at approximately $1.7 billion and boasts notable backers such as Bain Capital and Macquarie Capital.Sources indicate that Harry's generates nearly $1 billion in revenue annually, as disclosed by Reuters.
Beyond their well-known men's grooming line, Harry's also oversees other brands, including Flamingo for women's shaving essentials, Lume and Mando for deodorants, and Cat Person for pet care products. These additional details were highlighted in the report by Reuters.
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