BJ's Wholesale Club (BJ) began trading on the NYSE on 28 June 2018

BJ's Wholesale Club Holdings, Inc. operates as a warehouse club on the East Coast of the United States.  BJ's was acquired in 2011 by two private equity firms, Leonard Green & Partners and CVC Capital Partners.

• Sector: Consumer Cyclical
• Industry: Specialty Retail
• Full Time Employees: 26,520
• As of February 3, 2018, it operated 215 clubs and 133 gasoline stations.
• HQ: Westborough, Massachusetts.
• http://www.bjs.com

Opened for trading at $21.25 after pricing IPO at $17
Offer size:  $733 million

BJ's Wholesale Club prepares for an IPO

Firms that own BJ's Wholesale Club are readying an initial public offering in the coming months, The Wall Street Journal reports.
The company's filed confidential registration and could start trading as soon as May, according to the report.

It's owned by private-equity firms Leonard Green & Partners and CVC Capital Partners, which are looking to raise at least $400M, valuing the business at $2B-$3B.

They started talking about a sale or IPO of BJ's last year, only to find other PE firms as interested buyers.