Savers Value Village, Inc. Announces Closing of Upsized Secondary Public Offering of Common Stock and Concurrent Share Repurchase
Savers Value Village closed an upsized secondary public offering of 23 million shares, sold by existing shareholder Ares Private Equity funds. The company concurrently repurchased approximately 1.02 million shares at the offering price using existing cash on hand, separate from its existing buyback program. Savers did not receive any proceeds from the offering, which was managed by a syndicate led by J.P.
Key figures
- Shares Offered
- 23000000
- Concurrent repurchase shares
- 1021580
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