Follow-On Offering

Consumer
Follow-On Offering

Summary

Baird served as a joint-bookrunner in this offering

About

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:

Chris Harned (414) 765-3908
Chris Sciortino (312) 609-4923
Peter Kies (414) 765-7262
Maria Watts (312) 609-4743
Les Cheek (617) 426-5789
Kurt Roth (312) 609-4689
Consumer
Follow-On Offering
Date
December 2012
Company
Tile Shop Holdings, Inc.
Transaction
M&A
Sectors
Consumer
Target Location
North America

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