Report: Women’s specialty apparel retailer looking to go public

J. Jill Group Inc. is moving forward with plans for an initial public offering.



The Quincy, Massachusetts-based retailer has tapped Bank of America, Morgan Stanley, and Jefferies Group LLC as underwriters for a possible initial public offering, Reuters reported.



J. Jill was sold by private equity firm Golden Gate Capital and global investment firm Arcapita to TowerBrook Capital Partners LP in 2015. It operates approximately 260 stores nationwide in addition to its online and catalog divisions.



The offering could generate about $150 million and value J. Jill at $750 million to $800 million, according to the report.