Burlington Coat Factory Parent Files for IPO
June 28, 2013,
NORTH BURLINGTON, N.J.-Burlington Holdings, the parent company of off-price retailer Burlington Coat Factory, has filed an S-1 form with the U.S. Securities and Exchange Commission for an initial public offering.
The number of shares that will be offered and the price range have yet to be determined, according to a Burlington Holdings statement. This will be the second time the retailer will be going public. As stated in the filing, the company, which was founded in 1972, originally went public in 1983. It was taken private in 2006, when Bain Capital Partners acquired it.
J.P. Morgan, Morgan Stanley, BofA Merrill Lynch, Goldman, Sachs & Co., and Wells Fargo Securities will serve as joint book-running managers in the proposed offering, the company's statement said.