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Bridget Carter

Limeade heading for IPO

Bridget Carter
Limeade’s systems are designed to help improve workplace wellbeing. Picture: iStock
Limeade’s systems are designed to help improve workplace wellbeing. Picture: iStock

Limeade is believed to be the latest company with plans for an initial public offering.

The company offers software that looks at the workplace experience of company employees and ways to improve workplace wellbeing.

Investment bank Macquarie Capital is thought to be working for the owners of the business.

The company was founded in 2006 by Henry Albrecht and is still run by him. Some expect it to be worth between $300 million and $400m.

Prior to Limeade, Mr Albrecht was vice president of product management at the enterprise software and product marketing company Bocada, where he launched a number of new business initiatives.

Bridget Carter
Bridget CarterDataRoom Editor

Bridget Carter has worked as a writer and editor for The Australian’s DataRoom column since it was launched in 2013, focusing on capital markets, mergers and acquisitions, private equity and investment banking. She has been a journalist for more than 18 years, covering a broad range of events and topics, including high profile court cases and crimes, natural disasters, social issues and company news.

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Original URL: https://www.theaustralian.com.au/business/dataroom/limeade-heading-for-ipo/news-story/72c56eee4fd4edb1cf7a19bdc29fd1cc