Savers Value Village, Inc. filed a Form 8-K on August 13, 2026, disclosing the completion of a 23,000,000-share secondary offering by Ares-affiliated selling stockholders at $10.25 per share, alongside a concurrent company share repurchase.

Key Highlights

  • Offering size: 23,000,000 shares of common stock, par value $0.000001 per share, were sold at $10.25 per share.
  • Selling stockholders: Shares were sold by certain Ares Private Equity and Opportunistic Credit funds and accounts; the company received no proceeds.
  • Underwriting agreement date: The Underwriting Agreement was entered into on August 11, 2026, with J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, Jefferies LLC, and UBS Securities LLC as representatives.
  • Concurrent repurchase: The company purchased 1,021,580 shares from the underwriters at a price equal to the underwriters' purchase price, funded with existing cash on hand.
  • Offering completion: The offering closed on August 13, 2026.
  • Registration basis: The offering was made pursuant to a shelf registration statement on Form S-3 (File No. 333-287208), which became effective on May 14, 2025.

Savers Value Village Secondary Offering and Share Repurchase Details

According to the filing, Savers Value Village, Inc. (NYSE:SVV) and certain Ares Private Equity and Opportunistic Credit funds and accounts, acting as selling stockholders, entered into an Underwriting Agreement on August 11, 2026, with J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, Jefferies LLC, and UBS Securities LLC serving as representatives of the several underwriters. The agreement covered the sale of 23,000,000 shares of the company's common stock at a public offering price of $10.25 per share. The filing states that the offering was completed on August 13, 2026, the same date as the 8-K filing.

The filing further discloses that the company itself did not receive any proceeds from the offering, as all shares were sold by the selling stockholders. Separately, also pursuant to the Underwriting Agreement, the company repurchased 1,021,580 shares of common stock from the underwriters at a purchase price equal to the price at which the underwriters purchased the shares from the selling stockholders. The company disclosed it used "existing cash on hand" to fund this concurrent share repurchase.

The offering was conducted under a shelf registration statement on Form S-3 (File No. 333-287208) filed with the SEC, which became effective on May 14, 2025, together with a prospectus dated May 13, 2025, and a prospectus supplement dated August 11, 2026, filed with the SEC on August 13, 2026. The 8-K was signed by Michael Maher, Chief Financial Officer of Savers Value Village, Inc.

What Was Disclosed

Savers Value Village disclosed the completion of a 23,000,000-share secondary offering at $10.25 per share by Ares-affiliated selling stockholders, from which the company received no proceeds, and a concurrent repurchase of 1,021,580 shares using existing cash.