Weber Inc.

Weber Inc. (WEBR) priced its initial public offering on Aug 6, 2021 at $14.00 per share, below its $15.00–$17.00 range, raising $250M, and listed on NYSE. At the IPO price its market capitalization was about $4.02B. Goldman Sachs was lead-left underwriter, joined by BofA Securities, J.P. Morgan and BMO Capital Markets and others. Davis Polk advised the company and Simpson Thacher advised the underwriters.

Weber Inc. is a vertically integrated outdoor cooking manufacturer with three manufacturing facilities in Illinois. It sells through its own Weber.com site and through retailers and e-commerce partners such as Amazon, HomeDepot.com and Lowes.com.

Status

IPO

Ticker

WEBR

Exchange

NYSE

Priced

Aug 6, 2021

IPO price

$14.00

Price range

$15.00–$17.00

Raised

$250M

Market cap at IPO price

$4.02B

First filed

Jul 12, 2021

Underwriters

Goldman Sachs, BofA Securities, J.P. Morgan, BMO Capital Markets, Citigroup, UBS, Wells Fargo, KeyBanc, Academy Securities, Cabrera, Siebert Williams Shank and Telsey

Company counsel

Davis Polk

Underwriters' counsel

Simpson Thacher

Sector

Industrials & materials

Country / state

IL

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.