Monday, March 10, 2014

Sportsman's Warehouse Files For IPO

Utah has more than its share of IPO's over the past few years--mostly from the area's growing high tech area, which has been billed as the "Silicon Slopes". The latest IPO exit propect in Utah--this time, in the retail space--comes from Midvale, Utah-based Sportsman's Warehouse, the retail outdoors chain. Sportsman's Warehouse is looking to raise up to $201.25M in its IPO, on the NASDAQ Global Select Market as SPWH. The firm's IPO is being underwritten by Credit Suisse; Goldman, Sachs & Co.; Baird; William Blair; Piper Jaffray; Wells Fargo Securities; and D.A. Davidson & Co. Utah's last few IPOs included Amedica, Control4, and Fusion-io.