German bus services firm Flix, owner of the Greyhound brand in North America and FlixBus in Europe, has stepped up preparations for a possible stock-market listing, two sources familiar with the matter told Reuters.
Flix, set up in 2011 by three entrepreneurs in Munich to try to make bus travel cheap, runs bus and train services across 40 countries. Its revenues have rebounded as the public appetite for travel has surged following the lifting of lockdown restrictions.Flix’s investors, which include General Atlantic, Permira and BlackRock, supported the firm most recently in June 2021 raising $650 million in equity and debt.
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