YogaWorks IPO breaks, but Great Hill may stretch for more

YogaWorks, IPO, Great Hill Partners, private equity
Teenage girl exercising against clear sky. Photo courtesy of OJO Images/OJO Images/Getty Images
  • YogaWorks opened its first studio in 1987
  • Revenue off 7 pct to $14 mln for quarter ended March 31
  • IPO raised $40.2 mln when company sold 7.3 mln shares at $5.50
Great Hill Partners doesn’t appear to be breaking even on its three-year investment in YogaWorks Inc. YogaWorks went public on Aug. 11 in its second attempt at an IPO. The shares closed down 12 percent, or 65 cents, at $4.85.  They ...

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