Peak Resorts, which operates 13 overnight-drive and day-ski resorts in the Northeast and Midwest, filed on Monday with the SEC to raise up to $100 million in an initial public offering.
The company originally filed terms for an $85 million IPO in November 2011 with a $152 million market value but postponed its offering. In September 2014, Peak Resorts withdrew its earlier IPO attempt citing poor market conditions in 2011, but had already submitted a new confidential filing.
The Wildwood, CA-based company, which was founded in 1982 and booked $105 million in sales for the 12 months ended April 30, 2014, plans to list on the NASDAQ under the symbol SKIS. Peak Resorts initially filed confidentially on September 12, 2014. FBR Capital Markets, Stifel and Baird are the joint bookrunners on the deal. No pricing terms were disclosed.
