Renaissance Capital logo

Fairway Market files for a $150 million IPO

September 24, 2012
FWM

Fairway Group Holdings, which operates 11 high-end grocery store chains in the greater NYC area, filed on Monday with the SEC to raise up to $150 million in an initial public offering. The New York, NY-based company, which was founded in 1954 and booked $587 million in sales for the 12 months ended 7/1/2012, plans to list on the NASDAQ under the symbol FWM. Credit Suisse, BofA Merrill Lynch, Jefferies & Co., and William Blair are the joint bookrunners on the deal. No pricing terms were disclosed.