Fox, slated to celebrate its 40th anniversary in 2014, designs and manufacturers suspension products for mountain bikes, side-by-side vehicles, ATVs, snowmobiles and motorcycles. Robert W. Baird, William Blair & Co. and Piper Jaffray are the joint underwriters for the proposed offering. Fox would be listed on NASDAQ under the “FOXF” ticker.
The company, which sells its products to more than 150 OEMs and distributes items to more than 2,300 dealers and distributors, generated 81%, or $191 million, of its FY12 sales from OEMs. Sales to one OEM, Giant, grew 29% last year to nearly $30.7 million. As a public company, FOX ... Log in to view full article.