JPMorgan, Credit Suisse, and Jefferies among 29 banks running the Lyft IPO

Getty/Mark WilsonJPMorgan and its CEO, Jamie Dimon, are involved in Lyft’s initial public offering.
  • When Lyft filed its S-1 on Friday, it confirmed reports that JPMorgan, Credit Suisse, and Jefferies were leading the ride-hailing company’s initial public offering.
  • It also shed light on its full lineup, which contains 29 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 had been wondering for months: which banks were picked for which team in the competitive race to go public between Uber and Lyft.

It’s now clear that JPMorgan, Credit Suisse, and Jefferies will lead Lyft’s initial public offering, as was previously reported by The Wall Street Journal.

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 interest between the banks of their choosing, according to people familiar with the process.

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 Lyft’s full lineup

Lyft Bank LineupLyft S-1

  • JPMorgan
  • Credit Suisse
  • Jefferies
  • UBS
  • 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
  • CastleOak Securities
  • CL King and Associates
  • Drexel Hamilton
  • Great Pacific Securities
  • Loop Capital Markets
  • Mischler Financial Group
  • Samuel A. Ramirez & Company
  • R. Seelaus & Co.
  • Tigress Financial Partners

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