Tumi Holdings, Inc. Files Registration Statement for Proposed Initial Public Offering of Common Stock

By Tumi Inc., PRNE
Monday, December 12, 2011

SOUTH PLAINFIELD, New Jersey, December 13, 2011 -

Tumi Holdings, Inc. (the “Company”) announced today that it has filed a registration statement on Form S-1 with the United States Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The shares of common stock to be sold in the offering are expected to be offered by the Company and by certain of its stockholders. The number of shares to be offered and the price range for the offering have not yet been determined. The Company intends to use the net proceeds from the offering to repurchase all of its preferred stock and a portion of its common stock owned by funds managed by, or entities affiliated with, Doughty Hanson & Co Managers Limited. 

(Logo: photos.prnewswire.com/prnh/20111213/NY22174LOGO) 

Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC are acting as joint book-running managers for the proposed offering. When available, copies of the preliminary prospectus related to this offering may be obtained from: Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, Telephone: +1-866-471-2526, Facsimile: +1-212-902-9316 or by emailing prospectus-ny@ny.email.gs.com or Credit Suisse Securities (USA) LLC at One Madison Avenue, New York, New York 10010, Attn: Prospectus Department, or by calling +1-800-221-1037.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state.

About Tumi Holdings, Inc.

Tumi Holdings, Inc., a Delaware corporation, is a high-growth, global, premium lifestyle brand whose products offer superior quality, durability, functionality and innovative design. Tumi Holdings, Inc. offers a comprehensive line of travel and business products and accessories in multiple categories. Its products are distributed globally in over 65 countries through approximately 1,600 points of distribution and multiple channels, including retail, wholesale and e-commerce.

Tumi Holdings, Inc.
Michael J. Mardy


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