Solo Brands, which sells branded smokeless fire pits and other outdoor gear, raised $219 million by offering 12.9 million shares at $17, the high end of the range of $14 to $17.
Backed by Summit Partners, Solo Brands is a direct-to-consumer (DTC) platform that operates four premium outdoor lifestyle brands: Solo Stove, Chubbies apparel, Oru Kayak, and ISLE Paddle Boards.
Solo Brands plans to list on the NYSE under the symbol DTC. BofA Securities, J.P. Morgan, Jefferies, Citi, Credit Suisse, Piper Sandler, and William Blair acted as joint bookrunners on the deal.
