April 24 (Reuters) - Lincoln International filed for an initial public offering in the United States on Friday, setting the stage for the rare stock market flotation of an investment bank.
The IPO market has heated up over the past few days as concerns over a protracted Middle East conflict eased, with several big offerings pricing after a brief March lull.
The Chicago, Illinois-based company reported a net income of $214.1 million on revenue of $783.8 million in 2025, compared with net income of $163.6
million on revenue of $578.7 million a year earlier, according to the filing.
The listing, through which the backers plan to sell shares, could potentially position the firm alongside boutique investment banks such as Moelis and Houlihan Lokey that have gone public in New York since 2010.
Founded in 1996, Lincoln International is an investment banking advisory firm that specializes in private capital markets, offering advice to buyout firms, private credit investors and privately held companies.
The firm has roughly 1,400 professionals, including 161 managing directors, in more than 30 offices across 14 countries.
In October, Lincoln International finalized the acquisition of MarshBerry, an advisory firm serving the insurance brokerage, insurance distribution and wealth management sectors for more than 40 years.
Goldman Sachs and Morgan Stanley are the joint lead book-running managers for the offering.
Lincoln International will list on the New York Stock Exchange under the symbol "LCLN".
(Reporting by Arasu Kannagi Basil and Pragyan Kalita in Bengaluru; Editing by Vijay Kishore)
