NIQ Global targets $7.1 billion valuation in U.S. IPO

vesting.com -- Consumer intelligence company NIQ Global is aiming for a valuation of up to $7.08 billion in its upcoming U.S. initial public offering, marking a potential revival in private equity-backed listings after a recent slowdown.

The Chicago-based company, which is backed by investment firms Advent International and KKR, plans to raise up to $1.20 billion by offering 50 million shares priced between $20 and $24 each, according to its Monday announcement.

Private equity-backed IPOs experienced a significant slowdown during the second quarter as tariff-related market uncertainty affected new listings.

NIQ will list its shares on the New York Stock Exchange under the ticker symbol "NIQ." The offering’s lead underwriters include J.P. Morgan, BofA Securities, and UBS Investment Bank.

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