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Chinese early childhood education provider RYB Education files for a $100 million US IPO

August 30, 2017
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RYB Education, the largest provider of early childhood education services in China, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.

The Beijing, China-based company was founded in 1998 and booked $124 million in sales for the 12 months ended June 30, 2017. It plans to list on the NYSE under the symbol RYB. Credit Suisse and Morgan Stanley are the joint bookrunners on the deal. No pricing terms were disclosed.