Content about Fairway Group Holdings Corp.

April 17, 2013
Fairway raises $177.5 million in IPO

Fairway Group Holdings Corp., operator of the Fairway Market grocery chain, said Wednesday that it raised $177.5 million in its initial public offering after pricing the shares above the marketed range.

New York -- Fairway Group Holdings Corp., operator of the Fairway Market grocery chain, said Wednesday that it raised $177.5 million in its initial public offering after pricing the shares above the marketed range.

Fairway sold 13.65 million shares for $13 each, according to data compiled by Bloomberg, after offering them for $10 to $12. At the offering price, the company has a market value of about $536 million.

The shares, which represent a 33% stake, will be listed on the Nasdaq Stock Market under the symbol FWM.

September 25, 2012
Fairway Market files plans to take company public

Fairway Group Holdings Corp., a chain of natural and organic grocery stores, filed paperwork Monday to take the company public.

New York -- Fairway Group Holdings Corp., a chain of natural and organic grocery stores, filed paperwork Monday to take the company public.
 
Fairway has 11 stores in New York, New Jersey and Connecticut. It is 80% owned by Sterling Investment Partners, who will still control the business following the proposed IPO, said the company.