Smart & Final Stores Files For $100 Million IPO

Food retailer Smart & Final Stores Inc, backed by private equity firm Ares Management LP (ARES.N), filed with U.S. regulators on Friday to raise up to $100 million in an initial public offering of its common stock.

Smart & Final has about 247 small-box and warehouse-style stores in the western United States.

The company also operates about 52 Cash & Carry stores, focused primarily on restaurants and foodservice businesses such as food trucks and coffee houses.

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