Yes! Communities, one of the largest operators of manufactured-housing communities in the US, is exploring an initial public offering, according to people with knowledge of the matter.
The Denver-based company, which is backed by Singaporean sovereign wealth fund GIC Pte, is discussing a 2025 listing in which it could raise $1 billion or more, said the people, who asked not to be identified discussing confidential information. Yes! is working with Goldman Sachs Group Inc. and is set to add other underwriters in coming months, the people said. No final decisions have been made and the company could opt to remain closely held.
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