Panera Bread Going Public
Panera Bread restaurants is planning on going public again after going private for $7.5 billion in 2017 by JAB Holdings . The company which also includes Caribou Coffee and Einstein Brothers has secured investment from USHG Acquisition Corp . Earlier today on CNBC, Shake Shack founder Danny Meyer and the CEO of Union Square Hospitality Group expressed his excitement for a return to the public market.
Other notable QSR publci offerings of 2021 include Krispy Kreme, Coffeehouse Dutch Bros, and Portillo’s Inc hot dog.
Both J.P. Morgan and Piper Sandler & Company will be involved in the transaction as financial advisers to to Panera Brands and USHG, respectively.