Freeman Spogli looks to exit Boot Barn via IPO


shares stocks IPOThe private equity backers of Boot Barn are reportedly looking to float the clothing retailer.

Boot Barn’s private equity owner Freeman Spogli & Co is currently talking to banks about an IPO, said Reuters, citing people familiar with the matter.

Spogli bought the company from investment firm Marwit Capital in December 2011.

Boot Barn currently operates 150 stores in 23 US states and its brands include Wrangler, Ariat, Justin, Carhartt, Dan Post, Resistol and Montana Silversmith.

Last month Freeman Spogli joined forces with Bahrain-based investment firm Investcorp to acquire umbrella, shoe and accessories maker Totes Isotoner.

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