Centerview Resists Lure of Record IPO Market
Merger-advisory boutique plans to remain private even as peers rush to go public
Centerview Partners, co-founded by Blair Effron, shown in 2017, is expected to notch revenue of $1.3 billion this year. Photo: Christopher Goodney/Bloomberg News By Dec. 23, 2020 5:30 am ET
As one merger-advisory boutique after another goes public, the one with as hot a hand as any is conspicuously skipping the coming-out party.
Centerview Partners, founded some 15 years ago by Blair Effron and Robert Pruzan, is having the best year in its history. The firm is expected to notch revenue of $1.3 billion this year, more than twice what it brought in five years ago, according to people familiar with its finances.
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