The Munich-based mobility startup Flixbus could go public as early as next year, according to the Reuters news agency. Management, however, says it has no concrete plans.
The tech startup Flixbus According to Reuters, Flixmobility is currently beginning preparations for an IPO. Parent company Flixmobility has already hired investment bank PJT as an advisor for the IPO. Depending on the stock market situation, the listing could take place as early as 2019.
But no concrete plans for going public?
Flixmobility management told the news agency that they are constantly reviewing all financing options. While they have no concrete plans for an IPO, they are constantly monitoring the financial markets in case an IPO becomes relevant in the future.
Currently, 35.9 percent of Flixbus shares are owned by the financial investor General Atlantic. The founders hold 23.8 percent. Holtzbrinck Ventures owns 16.3 percent. 10.8 percent is held by the financial investor Silver Lake, and 5.6 percent by Daimler.
Founded in 2013, the Munich-based startup has enjoyed a meteoric rise to become the European market leader: In 2015, the company merged with its Berlin-based competitor MeinFernbus. Subsequently, Flixbus took over Megabus's European business, the provider Postbus and the bus network of the Austrian ÖBB. Since this year The green buses also travel through parts of the USA. Under the brand Flixtrain There are also green trains running on German rails.
