Went public 03/02/01 at $17 per share
Filing Range: 3.1 million shares at $15 to $17
Offering Size: $49.6 million
Post Offering Valuation: $394.65 million
Shares Outstanding: 29.5 million shares
Underwriters: Goldman, Sachs & Co./Credit Suisse First Boston/ Deutsche Bank AG
Company Counsel: Riordan & McKinzie
Manager Counsel: King & Spalding
Auditor: Arthur Andersen LLP
Owns and operates franchise chicken and other fast food restaurants. The company is the parent company of Church’s Chicken, Popeye’s Chicken & Biscuits, Cinnabon, Seattle’s Best Coffee, Torrefazione Italia brands and Ultrafryer Systems. The company operates more than 3,300 restaurants, bakeries and cafes in 25 countries.
Freeman Spogli & Co.
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 04/27/1996 2 Buyout/Acq. 77036.0
2 01/01/1998 1 Expansion 2433.0
3 10/15/1998 1 Buyout/Acq. 17200.0
(Data in $ millions except EPS)
Total Revenues: $725.2
Net Income: 27.5