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On a boat: MasterCraft files for a $100 million IPO

May 1, 2015
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MasterCraft, a PE-backed sport boat manufacturer, filed on Friday with the SEC to raise up to $100 million in an initial public offering. 

The Vonore, TN-based company, which was founded in 1968 and booked $201 million in sales for the 12 months ended December 31, 2014, did not disclose a ticker or an exchange. Baird, Raymond James and Wells Fargo Securities are the joint bookrunners on the deal. No pricing terms were disclosed.