Initial Public Offering

Consumer
Initial Public Offering

Summary

Baird served as an active bookrunning manager on this offering

About

Zoe’s Kitchen, Inc. (“Zoës Kitchen” or the “Company”) (NYSE:ZOES), a portfolio company of Brentwood Associates, recently completed an initial public offering of 6,708,332 shares of common stock at a price of $15.00 per share, generating gross proceeds of approximately $100.6 million. The Company intends to use the net proceeds from the offering to repay debt, support growth, primarily through the opening of new restaurants and for working capital and general corporate purposes.

Zoës Kitchen is a fast casual restaurant concept serving a distinct menu of fresh, wholesome, Mediterranean-inspired dishes delivered with Southern Hospitality. The Company aims to deliver goodness to its customers by providing simple, tasty and fresh Mediterranean meals, inspired by family recipes, and made from scratch daily. Founded in 1995 and headquartered in Plano, Texas, Zoës Kitchen operated 111 restaurants across 15 states as of February 24, 2014.

For additional information about this transaction, please contact:

Chris Sciortino (312) 609-4923
Greg Ingram (414) 298-7838
Jason Abt (415) 627-3215
David Wierman (404) 264-2211
Matthew Tingler (312) 609-4470
Michael Wilcox (414) 298-5999
Consumer
Initial Public Offering
Date
April 2014
Company
Zoe’s Kitchen, Inc.
Transaction
M&A
Sectors
Consumer
Target Location
North America

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