Latham & Watkins Advises on Arhaus’ IPO

Arhaus, Inc., a rapidly growing lifestyle brand and omni-channel retailer of premium home furnishings, has announced the pricing of its initial public offering of 12,903,226 shares of its Class A common stock at a price of US$13 per share. In addition, the underwriters will have a 30-day option to purchase from the Company up to an additional 1,935,484 shares of its Class A common stock at the initial public offering price, less any underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Global Select Market on Thursday, November 4, 2021, under the ticker symbol ARHS. The offering is expected to close on November 8, 2021, subject to customary closing conditions.

Latham & Watkins LLP represents the underwriters in the offering with a capital markets team led by partners Ian Schuman and Stelios Saffos, with counsel Michael Saliba and associates Jonathan Sarna, Ben Winnett, Giulia Franzoso, and Tyler Prime. Advice was also provided on benefits & compensation matters by partner Bradd Williamson, with associate Juliet Rognlie; on tax matters by partner Andrea Ramezan-Jackson, with associate Michael Syku; on data privacy & security matters by partner Jennifer Archie, with associate Jimmy Smith; on environment, land & resources matters by partner Gary Gengel, with associate Ben Einhouse; and on IP matters by partner JD Marple, with associate Erica Chae.