Renaissance Capital logo

Sport boat manufacturer Malibu Boats files for a $115 million IPO

December 13, 2013

Malibu Boats, which designs, manufactures and sells performance sport boats, filed on Friday with the SEC to raise up to $115 million in an initial public offering. The Loudon, TN-based company, which was founded in 1982 and booked $177 million in sales for the 12 months ended September 30, 2013, plans to list on the NASDAQ under the symbol MBUU. Raymond James and Wells Fargo Securities are the joint bookrunners on the deal. No pricing terms were disclosed.