February 9, 2016 Comments Off on Is Jessica Alba’s Honest Co. Headed for an IPO? Views: 1407 California News, Los Angeles, National News

Is Jessica Alba’s Honest Co. Headed for an IPO?

Honest Co., the online shopping startup co-founded by actress Jessica Alba, is reportedly moving toward an IPO. Sources familiar with the deal say Goldman Sachs Group Inc. and Morgan Stanley are working with the Santa Monica-based company on an offering.

The Honest Company is moving its HQ to Playa Vista later this spring. Cresa’s David Toomey represented the company in its 83,000-square-foot deal at i|o, reported last year.

Company executives have indicated their desire to go public in the past, though representatives declined to comment publicly. The IPO markets were quiet last year, and no company went public in January.

Read more at Bloomberg

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