Leonard Green-Backed Milan Laser Is Said to Plan an IPO (1)

Milan Laser, the hair-removal company backed by private equity firm Leonard Green, is planning a U.S. initial public offering, according to people with knowledge of the matter.

The company is set to be valued at around $1 billion in a potential listing as soon as this year, the people said, asking not to be identified discussing private information. Goldman Sachs Group Inc. and Jefferies Financial Group Inc. are slated to lead the proposed offering, the people said.

Founded in Omaha, Nebraska, in 2012 by Shikhar Saxena and Abe Schumacher, Milan Laser sold a majority stake to Leonard Green in ...