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Door designer and manufacturer Masonite files for a $150 million IPO
By: Renaissance Capital
Masonite International, which is a leading global designer and manufacturer of doors for residential and commercial buildings, filed on Wednesday with the SEC to raise up to $150 million in an initial public offering. The Tampa, FL-based company, which was founded in 1925 and booked $1.7 billion in sales for the 12 months ended 12/31/2012, plans to list on the NYSE under the symbol DOOR. Deutsche Bank, Barclays and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.