Yesway has revived plans for a US initial public offering, as the private equity-backed convenience store operator moves closer to public markets according to a report by Reuters.
The Fort Worth, Texas-based company had previously explored an IPO in 2021 before pausing the process in 2022 amid market volatility. Its latest filing comes as issuers begin to re-engage with equity capital markets, despite renewed uncertainty linked to geopolitical tensions and inflation concerns.
Founded in 2015 by Brookwood Financial Partners, Yesway has become one of the fastest-expanding convenience store platforms in the US. The business reported net income of $54m on revenue of $2.67bn in 2025, up from $23.6m and $2.53bn respectively the previous year.
Yesway operates 449 stores across nine states in the Midwest and Southwest, with a focus on foodservice and private-label offerings. The company expanded its footprint through the 2019 acquisition of Allsup’s, a regional chain known for its prepared food products.
The group intends to issue new shares as part of the offering and will list on Nasdaq under the ticker “YSWY”. Morgan Stanley, JP Morgan and Goldman Sachs are reportedly acting as bookrunners.
