JPMorgan, Credit Suisse and Jefferies among 20 banks running the Lyft IPO

Advertisement
JPMorgan, Credit Suisse and Jefferies among 20 banks running the Lyft IPO

Jamie Dimon

Getty/Mark Wilson

JPMorgan and its CEO Jamie Dimon are involved in the Lyft IPO.

Advertisement
  • When Lyft filed its S-1 on Friday, it confirmed reports that JPMorgan, Credit Suisse and Jefferies were leading the ride-hailing company's IPO.
  • It also shed light on its full lineup, which includes a total of 20 different banks.
  • Uber, Lyft's biggest competitor, is expected to go public later this year with Morgan Stanley and Goldman Sachs leading the IPO.

When Lyft filed its S-1 on Friday, it confirmed for the first time what many people in tech and finance have been wondering for months: which banks were picked for which team in the notoriously competitive race to go public between Uber and Lyft.

JPMorgan, Credit Suisse and Jefferies will lead Lyft's IPO, as was previously reported by the Wall Street Journal.

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

But a few other previously unreported banks made the all-star lineup, including UBS, Stifel, RBC Capital Markets and KeyBanc.

Both Lyft and its rival Uber more or less steered clear of any conflicts of interests between the banks of their choosing, according to people familiar with the process.

Advertisement

While Uber has not publicly shared which banks are on its lineup, the company is reportedly working with Morgan Stanley and Goldman Sachs.

Here's the full lineup
Lyft Bank Lineup

Lyft S-1

  • JPMorgan
  • Credit Suisse
  • Jefferies
  • Stifel
  • RBC Capital Markets
  • KeyBanc Capital Markets
  • Cowen
  • Raymond James
  • Canaccord Genuity
  • Evercore ISI
  • Piper Jaffray
  • JMP Securities
  • Wells Fargo
  • KKR
  • Academy Securities
  • Blaylock Van
  • Penserra
  • Siebert Cisneros Shank & Co
  • The Williams Capital Group
{{}}