Initial Public Offering

Consumer
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.

For additional information about this transaction, please contact:

Chris Sciortino (312) 609-4923
Peter Kies (414) 765-7262
Jason Abt (415) 627-3215
Jeff Seaman (312) 609-4687
Vinay Ghai +44 (0) 20 7667 8225
Consumer
Initial Public Offering
Date
June 2013
Company
Noodles & Company
Transaction
M&A
Sectors
Consumer
Target Location
North America

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