All articles tagged with #inspire brands
Atlanta-based Inspire Brands, owner of Arby’s, Dunkin’ and more, filed for an IPO with the SEC, aiming to raise about $2 billion to repay debt; the offering’s size, share count and price range are to be determined, and the company notes its large restaurant network and ownership by Roark Capital amid a challenging dining landscape.
Inspire Brands has confidentially submitted a draft registration statement for a potential initial public offering to the U.S. Securities and Exchange Commission, with no disclosed timeline, pricing, or other details.
Inspire Brands, the owner of Dunkin, Arby’s, Buffalo Wild Wings, Baskin Robbins, Sonic Drive-In and Jimmy John’s, confidentially filed to go public, with backer Roark Capital reportedly aiming for about a $20 billion valuation. The group operates more than 33,300 restaurants and posts roughly $33.4 billion in annual sales, a result of its 2018 formation and a string of acquisitions including taking Dunkin and Baskin Robbins private in 2020. While the U.S. IPO market has been tepid, it could improve later this year, with Jersey Mike’s also pursuing a listing.