Goosehead Insurance sets IPO terms, to raise up to $136.5 million

Goosehead Insurance disclosed Tuesday the terms of its initial public offering, in which the Texas-based personal lines insurance company expects to raise up to $136.5 million. The company is selling 8.53 million Class A shares in the IPO, which is expected to price between $14 and $16 a share. If all the options granted to underwriters to buy additional shares are exercised, the company could raise up to $156.95 million.

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