If you're a fishing enthusiast, Bass Pro Shops is the place to go for all of your gear and supplies. But many investors are wondering if they can get in on the action by investing in Bass Pro Shops stock.
In this article, we'll answer some common questions about Bass Pro Shops stock ownership and investing. We'll also explore some potential options for investing in the company.
Can you invest in Bass Pro Shops stock?
No, Bass Pro Shops is not a publicly-traded company. The company is owned by the private equity arm of Goldman Sachs and Johnny Morris through the parent company Great Outdoors Group, LLC. Great Outdoors Group, LLC is also not publicly traded.
This means that Bass Pro Shops stock is not available for purchase on the open market. However, there are still ways to invest in the company indirectly.
Who owns Bass Pro Shops stock?
As mentioned above, Bass Pro Shops is owned by Great Outdoors Group, LLC, a privately held company that also owns Cabela's. Goldman Sachs did a private equity deal and acquired part of Great Outdoors Group, LLC along with the founder of Bass Pro Shops Johnny Morris.
Goldman Sachs is a publicly-traded company, so you can purchase shares of their stock on the open market. Their ticker symbol is GS, although your exposure would be minimal since most of the company’s assets are invested in other businesses.
How to invest in Bass Pro Shops stock?
Bass Pro Shops is a privately-owned company, so it is not possible to invest directly in the company's stock. However, there are still ways to invest indirectly in Bass Pro Shops. One option is to purchase shares of Goldman Sachs, the owns a stake in Bass Pro Shops. Another option is to invest in a mutual fund or ETF that includes Goldman Sachs in its portfolio.
Finally, you can invest indirectly in Bass Pro Shops by purchasing shares of companies that are suppliers or customers of the company. For example, this company sells fishing rods and tackle that are used by Bass Pro Shops. If you can find the major suppliers of Bass Pro Shops, you can purchase shares of their stock and get indirect exposure to the company.
Will there be a Bass Pro Shops stock IPO?
It is unlikely that Bass Pro Shops will have an IPO in the near future. The company is owned by Goldman Sachs, a private equity firm that does not typically take companies public.
Even if Goldman Sachs decided to take Bass Pro Shops public, it would likely be many years down the road. So for now, the best way to invest in Bass Pro Shops is indirectly through Goldman Sachs or other companies that do business with the company.
As a fishing enthusiast, you may be upset that you can't invest in Bass Pro Shops. However, there are plenty of other stocks out there for you to choose from.
Both companies are publicly traded and offer investors the chance to own a piece of the company. So, while you can't invest in Bass Pro Shops stock, there are still plenty of other options for you to choose from. Investing in the companies that support your hobbies is a great way to show your support and potentially make some money in the process.