Here's the Deal
 

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

December 2012


Tile Shop Holdings, Inc.
Follow-On Offering
$77.6 Million


Baird served as a joint-bookrunner in this offering


Tile Shop Holdings, Inc. (“The Tile Shop” or the “Company”) (NASDAQ: TTS) recently completed a follow-on offering of 5,175,000 shares of its common stock at a price of $15.00 per share, generating gross proceeds of approximately $77.6 million. All of the shares offered were sold by selling shareholders of the Company.

The Tile Shop is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. The Tile Shop sells over 4,000 products from around the world. The Company purchases its tile products and accessories directly from producers and manufactures its own setting and maintenance materials, such as thinset, grout and sealers. The Tile Shop operates 64 stores in 21 states, with an average size of 23,000 square feet. The Company also sells its products on its website.

For additional information about this transaction, please contact:
Managing Director
(414) 765-3908
Managing Director
(312) 609-4923
Managing Director, Co-Head of Equity Capital Markets
(414) 765-7262
Managing Director
(617) 426-5789
Director
(312) 609-4689
Vice President
(312) 609-4743

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.