Yesway Convenience Store Owner Seeks $300M in Revived IPO Plans

Yesway Inc., a convenience store operator backed by Brookwood Financial Partners, is planning a $300 million initial public offering (IPO) after originally filing for one in 2021. The company, which operates over 440 locations across nine states, is working with Morgan Stanley, JPMorgan Chase & Co., and Goldman Sachs Group Inc. on the listing. The IPO market for consumer-facing companies has been slow since 2022, with fewer than 25 companies raising over $100 million in US IPOs over the past three years.