Initial Public Offering
Baird served as a co-manager on this offering
AboutSportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (NASDAQ-GS:SPWH), a portfolio company of Seidler Equity Partners, recently completed an initial public offering of 12,500,000 shares of common stock at a price of $9.50 per share, generating gross proceeds of approximately $118.8 million. 4,166,667 shares were sold by the selling shareholder. Sportsman’s Warehouse will not receive any proceeds from the sale of shares by the selling shareholder. The Company intends to use the net proceeds that it receives from the offering to pay debt and for general corporate purposes.
Sportsman’s Warehouse is a high-growth outdoor sporting goods retailer focused on meeting the everyday needs of the seasoned outdoor veteran, the first-time participant and every enthusiast in between. The Company’s mission is to provide a one-stop shopping experience that equips its customers with the right hunting, shooting, fishing and camping gear to maximize their enjoyment of the outdoors. Sportsman’s Warehouse was founded in 1986 as a single retail store and has grown to 48 stores across 18 states. Sportsman’s Warehouse is headquartered in Midvale, Utah.
For additional information about this transaction, please contact:
- April 2014
- Sportsman’s Warehouse
- Target Location
- North America