Madison Dearborn-backed wood product manufacturer Boise Cascade is hoping to raise up to $212m through an IPO.
The business is aiming to sell 11.8 million shares at between $16 and $18 each according to a US securities filing.
Underwriters led by Bank of America Merrill Lynch and Goldman Sachs have the option of purchasing a further 1.7 million shares, which could see the listing raise more than $240m.
Boise generates sales of more than $2.6bn in the last twelve months and EBITDA of just over $80m, it said.
BCC changed its name to OfficeMax following the sale, and still owns a 20 per cent take in Boise.
Madison will continue to hold a majority stake in Boise following the IPO.
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