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.
Other Articles By Author
HFN Launches Interactive Idea Book
HFN's DIGITAL EDITION
COVER STORY: HFN Turns 90
We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.
ALSO IN THIS ISSUE:
- Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
- Omnichannel Retailing - In the Mobile App World, Time is Money