Deal Details
Initial Public Offering
Summary
Baird served as an active bookrunning manager on this offering
About
Papa Murphy’s Holdings, Inc. (“Papa Murphy’s” or the “Company”) (NASDAQ-GS: FRSH), a portfolio company of Lee Equity Partners, recently completed an initial public offering of 5,833,333 shares of common stock at a price of $11.00 per share, generating gross proceeds of approximately $64.2 million. The Company intends to use the net proceeds that it receives from the offering to pay down debt and other fees and expenses, and for general corporate purposes.Papa Murphy’s is a high-growth franchisor and operator of the largest Take ‘N’ Bake pizza chain in the United States. The Papa Murphy’s experience is different from traditional pizza restaurants. Its customers create their customized pizza with fresh, high-quality ingredients in stores or online and bake it at home. Papa Murphy’s was founded in 1981 and is headquartered in Vancouver, Washington with more than 1,400 stores located in the United States, Canada and the United Arab Emirates.
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- Date
- May 2014
- Company
- Papa Murphy’s
- Transaction
- M&A
- Sectors
- Consumer
- Target Geography
- North America
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