Baird served as a joint bookrunning manager on this offering.
AboutEl Pollo Loco Holdings, Inc. (“El Pollo Loco” or the “Company”) (NASDAQ-GS: LOCO), a portfolio company of Trimaran Capital Partners and Freeman Spogli, recently completed a follow-on offering of 6,900,000 shares of common stock at a price of $27.00 per share, generating gross proceeds of approximately $186.3 million. All of the shares were offered by selling shareholders.
El Pollo Loco is a differentiated and growing restaurant concept that specializes in fire-grilling citrus-marinated chicken in front of its customers. El Pollo Loco opened its first location in 1980 and has more than 400 company-owned and franchised restaurants in Arizona, California, Nevada, Texas and Utah. The Company’s distinctive menu features its signature product – citrus-marinated fire-grilled chicken – and a variety of Mexican-inspired entrees that the Company and its franchisees create from that chicken. El Pollo Loco is headquartered in Costa Mesa, California.
For additional information about this transaction, please contact:
- November 2014
- El Pollo Loco Holdings, Inc.
- Target Location
- North America