Smart and Final files for IPO

|By:, SA News Editor

Smart and Final files for a $100M IPO.

The food and supply store retailer plans to list under the stock ticker SFS.

P-E firm Ares Management is currently the majority shareholder.

The company saw sales grow 6.5% to $735M in Q1, while gross margin improved 4.7% to $104.6M.

Total store count for the chain stands at 241.

SEC Form S-1