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.
The article On a boat: MasterCraft files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.