Women’s apparel retailer files IPO

2/10/2017

J.Jill Group is looking at a return to the public markets.



The apparel retailer, which is owned by private-equity firm TowerBrook Capital Partners LP, announced that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. TowerBrook acquired J.Jill from Arcapita and Golden Gate Capital in 2015. The chain was previously owned by The Talbots.



J.Jill has applied to list its common stock on the New York Stock Exchange under the ticker symbol “JILL.” The number of shares to be offered and the price range for the offering have not yet been determined.



The offering could generate about $150 million and value J. Jill at $750 million to $800 million, MarketWatch reported.



J.Jill, based in Quincy, Massachusetts, operates more than 270 stores nationwide in addition to catalog and e-commerce channels.
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