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 ?
There is also a versatile mezzanine level which is currently being used as a gym but offers plenty of options to be used for other ideas.
A bespoke chrome and glass staircase leads from the dining area to a mezzanine level.
The rest of the inventory is stored at the case or item level in carton flow rack and shelving (3) on the floor level and on static shelving on the mezzanine level (4).
The three-screen cinema will be added at the mezzanine level, with a mezzanine level overlooking the shops.
The establishment, which is split across a ground floor and mezzanine level, is open all day, with late nights on Thursday, Friday and Saturday.
1 HIGH ceilings are a fantastic feature and can enable you to create an extra room by adding a mezzanine level, something that can be useful day-to-day and add value to your home.
When the outer gate opens to allow pallets to enter the mezzanine level, the inner gate automatically closes.
The lower unit has a full height mezzanine level, so there is potential to increase floor area while retaining the ceiling in the main portion of the space.
There will be a choice of tapas, a sampling set menu and a la carte options in the restaurant, which is on the hotel's mezzanine level.
The 278-room hotel is hosting the event on the mezzanine level of the property, where guests can meet with the hotel employees and discuss their requirements.