This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Dunkin' Donuts IPO Bound: Reports

CANTON, Mass. ( TheStreet) -- Dunkin' Donuts owner Dunkin' Brands is reportedly considering a $500 million initial public offering.

Six years after a consortium of private equity firms including Bain Capital Partners, The Carlyle Group and Thomas H. Lee Partners purchased Dunkin' for $2.4 billion, the donut and ice cream chain is now looking to trade publicly, according to unnamed sources familiar with the situation cited by Reuters.


According to the report, the IPO could grow as large as $750 million, though the newswire's sources disagreed about Dunkin's valuation. They did agree that talk of an IPO remains in preliminary stages and that plans could change.

"We do not respond to rumors or speculation. We are focused on operating our business and helping our franchisees drive revenues and profits at their restaurants," Dunkin' Brands said in a statement.

Dunkin' Brands operates Dunkin' Donuts coffee and donut stores, as well as Baskin-Robbins ice cream shops.

Dunkin' opened 574 net new locations around the world in 2010, generating system-wide global sales of $7.7 billion, up more than 20% year-over-year from global sales of $6.4 billion in 2009.

"Private equity firms have their own shareholders, and the fundholders are screaming for profits. So it becomes a financial imperative for these firms to try and monetize these investments by bringing them public,'' David Menlow, founder of research company IPOfinancial.com, told Boston.com, referring to recent news of a potential IPO for Zipcar.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CAG $37.52 0.00%
HSY $94.63 0.00%
K $63.73 0.00%
KKD $19.34 0.00%
PNRA $184.36 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs