Mezzanine level

Mezzanine level

The period in a company's development just before it goes public.

Mezzanine Level

1. Informal; In bracketing, the second largest underwriting group responsible for placing a certain amount of a new issue with investors. The term is sometimes used interchangeably with "major bracket." Brackets are listed in order of size on an advertisement detailing each new issue, known as the tombstone.

2. In venture capital, a term used to describe a company with more risk and more potential return than an IPO, but less than a startup. It is also used to describe a company in which venture capital has been invested six to 12 months before going public. In general, the mezzanine level is a company that once was a startup but has succeeded and is progressing toward public trade. See also: Mezzanine financing, Mezzanine debt.
References in periodicals archive ?
The planning application for the new store, submitted by agents Jones Lang LaSalle Ltd, says: "The mezzanine level will not be viewable from the main retail floorpace and will be accessed via the warehouse in the staff only area.
When the outer gate opens to allow pallets to enter the mezzanine level, the inner gate automatically closes.
Showrooms placed around the main hardware market contains ground level and mezzanine level, ground level include a common lobby with security room and other service, where the mezzanine level include display room with administrative office and a manager cabin.
Friday, March 20, 2015 10am -- 11:30am Grand Ballroom E-F, Mezzanine Level
Med One, based in Huddersfield's Grade II listed Byram Arcade, has now had to apply for retrospective planning consent for the mezzanine level.
A spiral staircase leads to a mezzanine level pod with beamed ceiling and French doors to a rooftop garden.
With a mezzanine level (an internal balcony overlooking the space below), you can add a room more easily and - usually - for less money than converting your loft or cellar or building an extension.
Situated on the mezzanine level above the living room, the guest bedroom comprises a well-proportioned bedroom with wood flooring and includes a double bed and bedside cabinets plus built-in storage cabinets.
The meeting rooms in Sydney will be located at Level 1 satellite, opposite the Qantas Heritage Collection (T3), and in Melbourne the meeting rooms can be found at the Mezzanine Level, opposite Gate 1.
Astonishingly lofty ceiling heights provide space for rooms at mezzanine level, such as a utility room over the 15ft by 12ft modern kitchen-breakfast room.
Unit 2 is a 6,355 sq ft property including mezzanine level of 2,844 sq ft with office space.
Property offers comp HSIA in guestrooms and Wi-Fi in public areas plus use of a PC and printer on the mezzanine level.