US-based consumer reviews website Angie’s List has set the stage for its initial public offering (IPO) on Wednesday, filing with the US Securities & Exchnges Commission. The IPO is set to raise up to $131.5m. Angie’s List has raised $132.5m in capital since 2006.
The principal shareholders who would profit from an exit include boutique investment firm Huet Capital, which invested under its old name of TRI Investments and owns 23%, venture capital (VC) firm Battery Ventures which owns…