Cole haan to go public

by Stephen Garner
Cole Haan

Cole Haan, the premium shoemaker owned by private equity firm Apax Partners, filed for a U.S. initial public offering.

The Greenland, New Hampshire-based company filed Friday with an initial offering size of $100 million, a placeholder amount that’s likely to change. While the pricing of the shares are not final, the company plans to list on the Nasdaq Global Select Market under the ticker symbol “CLHN”.

Apax Partners acquired Cole Haan from Nike Inc. in 2013 for $570 million.

According to the filing, the company had a net income of $33.1 million for the fiscal year through June 1st on revenue of $687 million, up from $23.1 million on revenue of $602 million in the year prior through June 1st.

Leave a Reply

Your email address will not be published. Required fields are marked *