ASV Holdings, which designs and manufactures loader equipment under ASV, Terex and CAT brands, filed on Friday with the SEC to raise up to $36 million in an initial public offering.
The Grand Rapids, MN-based company was founded in 1983 and booked $104 million in sales for the 12 months ended December 31, 2016. It plans to list on the Nasdaq under the symbol ASV. ASV Holdings filed confidentially on December 30, 2016. Roth Capital is the sole bookrunner on the deal. No pricing terms were disclosed.
