At Home Group, which operates 115 home decor stores in the South and Midwest, announced terms for its IPO on Monday.
The Plano, TX-based company plans to raise $130 million by offering 8.7 million shares at a price range of $14 to $16. At the midpoint of the proposed range, At Home Group would command a fully diluted market value of $920 million.
At Home Group was founded in 1979 and booked $653 million in sales for the 12 months ended April 30, 2016. It plans to list on the NYSE under the symbol HOME. BofA Merrill Lynch, Goldman Sachs, Jefferies and Morgan Stanley are the joint bookrunners on the deal. It is expected to price during the week of August 1, 2016.
