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Lincoln International Prices IPO at Top of Range, Raises $421M

Lincoln International Inc., a Chicago-based mid-market investment banking advisory firm, priced its initial public offering at the high end of the marketed range and raised $421 million. The firm offered 21.05 million shares of Class A common stock. Lincoln International and certain existing shareholders participated in the offering. The pricing reflected strong investor demand for the company's services. The firm expects to use proceeds from the offering to support expansion and operational initiatives.