Bain Capital-Backed Bob's Furniture Files For US IPO

Bob's Discount Furniture, backed by private equity firm Bain Capital, is pursuing a $2.48 billion valuation in an upcoming U.S. initial public offering (IPO).

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The discount furniture store is offering 19.45 million shares of the stock with the price expected to fall between $17 and 19 per share, according to SEC filings. The company has filed to trade on the New York Stock Exchange under the ticker symbol “BOBS.”

Bain Capital has owned the furniture store since 2014, acquiring it from KarpReilly and Apax Partners.

Bob's currently has 200 ...