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ARES News

Following PE-to-PE sale and debt refinancing, American Tire Distributors withdraws IPO that could have raised $500 million

ATD

American Tire Distributors (ATD), North America's largest replacement tire distributor, withdrew its plans for an initial public offering on Monday. The company originally filed in June for an IPO that we estimate could have raised $500 million or more....read more

Get in on the ground floor: PE-backed retailer Floor & Decor files for a $100 million IPO

FND

Floor & Decor Holdings, a hard surface flooring retailer with 45 warehouse-format locations in the US, filed on Friday with the SEC to raise up to $100 million in an initial public offering. Floor & Decor was bought by Ares Management and Freeman...read more

Fresh IPO: Supermarket Smart & Final sets terms for $175 million initial public offering

SFS

Smart & Final Stores, a warehouse-style grocery chain LBO'd by Ares with 250 locations in the Western US, announced terms for its IPO on Thursday. The Commerce, CA-based company plans to raise $175 million by offering 13.5 million shares at a price range of...read more

Asset manager Medley Management files for a $150 million IPO

Medley Management, an alternative asset manager with $3.3 billion of AUM, filed on Monday with the SEC to raise up to $150 million in an initial public offering. The company launched Medley Capital (NYSE: MCC), its first permanent capital vehicle, in 2011...read more