IPO Edge’s Jannarone: Chuck E. Cheese Offers Steady Alternative to Tech Deals – TD Ameritrade – IPO Edge
Now Reading:
IPO Edge’s Jannarone: Chuck E. Cheese Offers Steady Alternative to Tech Deals – TD Ameritrade
Full Article 40 second read

IPO Edge’s Jannarone: Chuck E. Cheese Offers Steady Alternative to Tech Deals – TD Ameritrade

In an interview with TD Ameritrade NetworkIPO Edge Editor in Chief John Jannarone explains that highflying tech IPOs such as Zoom (ticker: ZM) and Slack (ticker: WORK) offer great potential but will likely be very volatile given their steep price-to-sales multiples and slow paths to profitability. Instead, investors might consider shares of Leo Holdings Corp (ticker: LHC), a blank-check company which is merging with Chuck E. Cheese parent CEC Entertainment, which will bring the latter company public. The deal implies a roughly 6.9 times Ebitda multiple, which is less than most restaurant and entertainment venue operators, while growing at around 10{efe5d79870c08482e17ab0c97855f89429dac5f22c46026d3ca83573faec2208} for the next few years. Watch the interview here.

 

Contact:

www.IPO-Edge.com

Editor@IPO-Edge.com

Twitter: @IPOEdge

Instagram: @IPOEdge

Leave a Reply

Input your search keywords and press Enter.