LifeStance Health Group, Inc. launches an IPO.

An IPO of LifeStance Health Group, Inc. (LFST) will take place on June 9, 2021. LifeStance Health is an online-platform for the provision of mental health services (telemedicine). As of March 31, 2021 the company has recruited over 3300 licensed clinicians through subsidiaries in 27 states. The company’s doctors provide patients with a full range of mental services. These services include psychiatric examinations and treatment, testing, individual, family and group therapy. LifeStance Health treats a wide range of mental health issues, including anxiety, depression, bipolar, eating, psychotic and post-traumatic stress disorders.

The estimated valuation of the company after its IPO will be $5.8 billion. 

The listed bookrunners of the IPO are Morgan Stanley, Goldman Sachs, JP Morgan, Jefferies, TPG Capital BD, UBS Investment Bank, Jefferies, Capital One Securities, AmeriVet Securities, Drexel Hamilton, R. Seelaus & Co. and Siebert Williams Shank.