Yesway, Inc (YSWY) Files For Up to $100M IPO
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Yesway, Inc (NASDAQ: YSWY) files for up to $100,000,000 IPO.
The company describes itself as: "Yesway is one of the fastest-growing convenience store operators in the U.S., with 403 Company-operated stores as of June 30, 2021, up from 140 as of December 31, 2018. We operate our portfolio primarily under two successful brands, Yesway and Allsup’s. Our sites are differentiated through a leading foodservice offering, featuring Allsup’s famous deep-fried burrito, and a wide variety of high-quality grocery items and private-label products. Our geographic footprint consists of stores located in attractive rural and suburban markets across the Midwest and Southwest, where we often are the convenience retail destination of choice and effectively the local grocer. We have a successful track record of growing through acquisitions and believe we are well positioned to continue to solidify our market position and grow our store count."
Morgan Stanley, J.P. Morgan and Goldman Sachs & Co. LLC will serve as lead underwriters.
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