JWC Acquisition Corp. (JWCAU) and The Tile Shop to Form Tile Shop Holdings Venture
JWC Acquisition Corp. and The Tile Shop, LLC, a specialty retailer of manufactured and natural stone tiles and related accessories, today announced their agreement to combine business under a new holding company, Tile Shop Holdings Inc., which intends to apply for listing on the Nasdaq Stock Market under the symbol “TTS” upon the closing of the business combination. The Tile Shop currently operates 61 specialty retail stores in 20 states, with eight of the stores opened in 2012. Through its merger with JWC, The Tile Shop says it is positioned to leverage greater access to capital to further execute on…