At least 7 chains confirmed plans to go public this year, with others reportedly considering it
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It was a busy year for restaurants going public.
At least seven chains made moves to file IPOs in 2021, from quick-service Krispy Kreme returning to the public market to family-dining First Watch showing what can be possible for full-service brands.
At least three restaurant technology companies also considered going public, with provider Olo raising $450 million in its mid-March debut.
Not all of the restaurant IPO rumors came to fruition this year, though. There were reports in March that Torchy’s Tacos was hoping to accelerate growth by going public this year, but nothing ever came of it, and CEO GJ Hart announced his retirement in early November.
In July, reports surfaced that P.F. Chang’s was in talks with possible advisers for an initial public offering, but as of mid-December that hadn’t panned out yet. That chain was previously public from 1998-2012.
Click through the gallery to catch up on all of the IPO news from the restaurant world, and stay tuned to NRN.com throughout 2022 to find out who goes public next.
