Booz Allen Hamilton has filed for an initial stock offering that could hold a potential value of $300 million, according to the firm.
Back in December 2009, ExecutiveBiz named Ralph Schrader, chairman, president and CEO of Booz Allen, in its list of Top 20 People in Watch in 2010, saying “ExecutiveBiz is placing its bets on Booz Allen Hamilton going public.”
No per-share price has been announced. WBJ reports the offering will be managed by Morgan Stanley, Barclays Capital, Credit Suisse, Lazard Capital, Raymond James,, The Carlyle Group assumed majority ownership of the firm two years ago by purchasing a 79% stake in the firm.
Booz Allen previously existed in the public market between 1970 and 1976.
Back in November, GTEC’s president and CEO John Hillen led his company in breaking a three-year IPO draught.