Savers Value Village closes 23M share secondary offering

Savers Value Village, Inc. (NYSE: SVV) announced the closing of a secondary public offering of 23,000,000 shares of its common stock, including 3,000,000 shares sold following the underwriters' full exercise of an overallotment option.

The shares were offered by selling stockholders affiliated with Ares Private Equity and Opportunistic Credit funds and accounts. The company did not receive any proceeds from the sale.

Concurrent with the offering, Savers Value Village repurchased 1,021,580 shares from the underwriters at the same price per share paid to the selling stockholders. The company funded the repurchase using existing cash on hand. The transaction was separate from the company's existing share repurchase program, and the underwriters received no compensation for the repurchased shares.

J.P. Morgan, Goldman Sachs & Co. LLC, Jefferies, and UBS Investment Bank served as joint lead book-running managers. Wells Fargo Securities, Baird, William Blair, BTIG, and Piper Sandler also acted as book-running managers. KKR Capital Markets LLC and Loop Capital Markets served as co-managers.

The offering was conducted under a registration statement on Form S-3 declared effective by the Securities and Exchange Commission on May 14, 2025.

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