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BJ's Wholesale files for IPO

BJ's Wholesale Club filed for an IPO to list itself on the New York Stock Exchange.

The warehouse club operator, which will list on the exchange under the symbol BJ, was taken private by Leonard Green & Partners LP and CVC Capital Partners in 2011.

According to Bloomberg, the private equity firms paid $2.8 billion in cash for the company.

The Massachusetts-based company plans to raise up to $100 million. That figure is likely a placeholder given in preliminary IPO filings.

Merrill Lynch Pierce Fenner & Smith Inc., Deutsche Bank Securities, Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC will be the underwriters for the offering.