Caliber Holdings Inc. has submitted a confidential draft registration statement on Form S-1 with the SEC relating to a proposed initial public offering (IPO) of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined.
Management expects Caliber to use proceeds from the offering for general corporate purposes, which may include the repayment of indebtedness.
The company has more than 1,800 shops nationwide offering a range of automotive services, including Caliber Collision (an auto collision repair provider operating across 41 states) and Caliber Auto Glass (a glass repair and replacement business).
