A North Texas company is looking to add to the growing number of public companies in the region.
Yesway Inc., a Fort Worth convenience store chain, announced it has filed with the U.S. Securities and Exchange Commission for a proposed initial public offering, according to company filings. It aims to be traded on the Nasdaq Global Select Market under the ticker symbol “YSWY.”
The IPO underwriters include big Wall Street names such as Morgan Stanley and Goldman Sachs, the filing shows. Yesway had filed to go public in 2021 but withdrew that effort in 2022, saying “it no longer wishes to conduct a public offering of securities at this time.”
The company, started around 2015, has built a chain with nearly 450 stores with its namesake and Allsup’s in states that include Texas, Kansas, South Dakota and Missouri. Allsup’s was acquired around 2019 and the deep fried burritos — and other items — that have made it “legendary.”
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“Our geographic footprint consists of stores located in attractive rural and suburban markets across the Southwest and Midwest, where we often are the convenience retail destination of choice and, effectively, the local grocer,” the company said in the filing. “We have a successful track record of growing through new store development and 27 acquisitions and believe we are well-positioned to continue to solidify our market position and grow our store count.”
Yesway would add to the growing presence of new public companies that have their headquarters in North Texas amid the growth of Y’all Street and the interest the region is receiving from exchanges and financial services companies. Public Storage, which is traded on the New York Stock Exchange, recently said it was moving its corporate hub to Frisco from California, and Buda Juice, a Dallas-based maker of juices, lemonades and wellness shots, started trading publicly earlier this year.
The “parent,” predecessor of the issuer, Yesway, said it had revenue of about $2.67 billion in 2025, up from about $2.53 billion in 2024 under its historical results.
The company said it has agreed to sell nearly 30 stores in Iowa and Kansas for an aggregate consideration of $17.5 million.