Here's the Deal
 

Baird's Investment Banking Group is pleased to announce the following transaction:

June 2012


Gordmans Stores, Inc.
Follow-on Offering
$58.6 Million


Baird served as a co-manager on this offering


Gordmans Stores, Inc. (“Gordmans” or the “Company”) (NasdaqGS: GMAN) recently completed a follow-on offering of 3,500,061 shares of its common stock at a price of $16.75 per share, generating gross proceeds of approximately $58.6 million. Selling stockholders, including the Company’s principal stockholder Sun Capital Partners, offered 3,460,061 shares as part of the offering while Gordmans offered 40,000 shares. The Company will not receive any proceeds associated with the sale of shares by the selling stockholders.

Based in Omaha, Nebraska, Gordmans is an everyday low price retailer featuring a large selection of the latest brands, fashions and styles at up to 60% off department and specialty store prices. The Company’s merchandise assortment includes apparel for all ages, accessories (including fragrances), footwear and home fashions. Gordmans stores are located in large, medium and small metropolitan areas in 46 markets across 18 states including Arkansas, Colorado, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Minnesota, Mississippi, Missouri, Nebraska, North Dakota, Oklahoma, South Dakota, Tennessee, Utah and Wisconsin. As of May 1, 2012, Gordmans operated 78 stores nationwide.

For additional information about this transaction, please contact:
Managing Director
312-609-4923

Managing Director
312-609-4687

Managing Director, Co-Head of ECM
414-765-7262

Vice President
415-627-3272

Social Icons

Careers|Help|Site Map|Important Disclosures|Privacy Policy|Financial Information|Business Continuity
©2013 Robert W. Baird & Co. Incorporated.
Global Websites: Europe | Asia
The services featured on this Web site may not be available in all jurisdictions or to all persons/entities. For more information, please see Important Disclosures. Robert W. Baird & Co. Incorporated. Member SIPC.