Baird served as a lead bookrunner on this offering
AboutThe Habit Restaurants, Inc. (“The Habit” or the “Company”) (NASDAQ-GS: HABT), a portfolio company of KarpReilly LLC, recently completed a follow-on offering of 5,750,000 shares of common stock at a price of $30.96 per share, generating gross proceeds of approximately $178.0 million. All of the shares were offered by selling shareholders.
The Habit is a fast casual restaurant concept that specializes in preparing fresh, made-to-order char-grilled burgers and sandwiches featuring USDA choice tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. The first Habit opened in Santa Barbara, California in 1969. The Habit has since grown to over 110 restaurants in 10 markets throughout California, Arizona, Utah and New Jersey. The Company is headquartered in Irvine, California.
For additional information about this transaction, please contact:
- April 2015
- The Habit Restaurants, Inc.
- Target Location
- North America