Bloomberg

Texas-Based European Wax Center Raises $180 Million in IPO

(Bloomberg) — European Wax Center Inc., presenting itself as a summer must-have as investors slip into the August holiday slowdown, raised $180 million with some of its investors in a U.S. initial public offering.The company, backed by investment firm General Atlantic, and some of its shareholders priced 10.6 million shares for $17 each, according to a statement confirming an earlier report by Bloomberg News. The company, based in Plano, Texas, had marketed the shares for $15 to $18.The listing

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