Roark Said to Pick Banks for Dunkin’ Owner’s $2 Billion US IPO
Customers queue at a Dunkin' Donuts Inc. store.
Photographer: Jacobia Dahm/BloombergRoark Capital has picked banks to work on a US initial public offering of Inspire Brands, the owner of fast-food chains Dunkin’, Arby’s and Jimmy John’s, according to people familiar with the matter.
The Atlanta-based company selected JPMorgan Chase & Co. and Bank of America Corp. for the listing, which could raise roughly $2 billion, the people said. An IPO could take place as soon as this year, Bloomberg News has reported.