Fire Pit Maker Solo Brands Files for U.S. IPO
(Bloomberg) -- Solo Brands Inc., a maker of fire pits and grills, filed for an initial public offering in the U.S.
The Southlake, Texas-based company counts Summit Partners and Jan Brother Holdings Inc. among largest shareholders, the filing showed. The company was founded in 2011 by two brothers.
The direct-to-consumer company sells camp stoves, cooking grills, apparel and recreational items such as kayaks and paddle boards.
Two other grill makers -- Traeger Inc. and Weber Inc. -- went public this year.
Bank of America Corp., JPMorgan Chase & Co. and Jefferies Financial Group Inc. are leading the offering. Solo Brands plans to list on the New York Stock Exchange under the symbol DTC.
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