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Texas Fire-Pit Maker Solo Stove Planning IPO This Year

Selective focus on Glowing and Flaming hot natural wood charcoal lump in food restaurant BBQ grill stove background. Natural Heat Power Source in food industry concept.

Photographer: Vichai Phububphapan/iStockphoto/Getty Images

Solo Stove, a maker of fire pits for homes, is planning an initial public offering as soon as this year, according to people familiar with the matter.

The company had asked prospective advisers to pitch for a role on the listing, the people said, asking not to be identified discussing confidential information. Solo Stove could be valued at more than $1 billion in any IPO, the people said.