Deal Details
Initial Public Offering
Summary
Baird served as a bookrunning manager on this offering
About
Noodles & Company (the “Company”) (NASDAQ-GS:NDLS), a portfolio company of Catterton Partners and Argentia Private Investments Inc., recently completed an initial public offering of 6,160,714 shares of common stock at a price of $18.00 per share, generating gross proceeds of approximately $110.9 million. Noodles & Company intends to use the net proceeds from the offering to repay outstanding borrowings under its credit facility and for general corporate purposes.Noodles & Company is a high-growth, fast-casual restaurant chain that serves classic noodle and pasta dishes from around the world. Noodles & Company, founded in 1995, has 345 locations system wide in 26 states and the District of Columbia. Known as Your World Kitchen, the Company's globally inspired menu consists of more than 25 fresh, customizable noodle bowls, salads, soups and sandwiches that are prepared quickly using quality ingredients. From healthy to indulgent, spicy to comforting, the menu provides favorites for everyone from kids to adults. Noodles & Company is headquartered in Broomfield, Colorado.
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- Date
- June 2013
- Company
- Noodles & Company
- Transaction
- M&A
- Sectors
- Consumer
- Target Geography
- North America
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