Body Central Corp., a fashion retailer targeting women in their teens and twenties, filed on Wednesday with the SEC to raise up to $86 million in an initial public offering. The Jacksonville, FL-based company, which was founded in 1972 by members of the Rosenbaum family and booked $208 million in sales for the 12 months ended April 3, plans to list on the NASDAQ under the symbol BODY. Body Central Corp. had 197 stores in 23 states across the South, Mid-Atlantic and Midwest as of June 20, according to the S-1. Principal shareholders include private equity firm WestView Capital Partners (32%), which bought a controlling stake from the founders in 2006, and PineBridge Investments (30%). Piper Jaffray and Jefferies & Co. are the lead underwriters on the deal. Pricing terms and timing were not disclosed.
