mapo Occupational health provider Concentra ( CON ) has filed for a proposed $100M initial public offering. Concentra didn’t disclose terms in its SEC filing , but indicated in its filing fee schedule that it was looking to raise around $100M, a number that is likely a placeholder and subject to change. The company hopes to list its shares on NYSE under the symbol CON.
Lead bookrunners include J.P. Morgan, Goldman Sachs and BofA Securities.
Based in Pennsylvania, Concentra operates 547 stand-alone occupational health centers in 41 states and 151 workplace clinics in 37 states. The company has been operating in the black. For the quarter ended March 31, Concentra reported net income of $50M on revenue of $468M.
More on Concentra Group Holdings Parent, Inc. Concentra's IPO: Slow Going For This Occupational Health Service Provider Financial information for Concentra Group Holdings Parent, Inc..
