NORTH AMERICAN BUSINESS
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
NORTH AMERICAN BUSINESS
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
NORTH AMERICAN BUSINESS
No Result
View All Result
Home ALL F&B

FIRST WATCH RESTAURANT GROUP, INC. ANNOUNCES INITIAL PUBLIC OFFERING

by Ed Johnson
October 2, 2021
A A

BRADENTON, Fla., Oct. 01, 2021 — First Watch Restaurant Group, Inc. (“First Watch” or “the Company”), the Daytime Dining concept serving breakfast, brunch and lunch, today announced that it has officially become a publicly traded company on the NASDAQ Global Select Market under the ticker symbol “FWRG.”

First Watch is an award-winning daytime restaurant concept serving made-to-order breakfast, brunch and lunch using fresh ingredients. Since its founding in 1983, the Company has cultivated its brand on its commitment to operational excellence, “You First” culture and a culinary mission centered around a fresh, innovative menu that is continuously evolving.

These foundational brand pillars have established First Watch as the leader in daytime dining (“Daytime Dining”) – an emerging restaurant segment that is differentiated from legacy segments by operating exclusively during daytime hours with a progressive, on-trend, chef-driven menu.

“We are incredibly proud of all we’ve accomplished as a brand during the past 38 years to bring us to this juncture,” said Christopher Tomasso, CEO & President. “Listing on the Nasdaq is a tremendous milestone for First Watch, and today it’s so important for us to celebrate every employee in every First Watch restaurant throughout the country for all they’ve done for each other and for our brand. They’re the reason we’re here!”

First Watch intends to use the proceeds from the proposed offering to repay borrowings outstanding under its credit facilities. BofA Securities, Goldman Sachs & Co. LLC and Jefferies LLC are acting as lead book-running managers for the offering.

Barclays Capital Inc., Citigroup Global Markets Inc., Piper Sandler & Co., Cowen and Company, LLC, Guggenheim Securities, LLC and Stifel, Nicolaus & Company, Incorporated are acting as book-running managers for the offering.

Tags: IPO | CAPITAL MARKETS
ShareTweetShareSend

Related Industries

F&B

Hormel foods announces minority investment in GarudaFood

December 17, 2022
F&B

Carlsberg acquires Waterloo Brewing in Canada

December 16, 2022
F&B

PepsiCo Introduces New Packaging Goal, Doubling Down On Scaling Reusable Packaging Options

December 6, 2022
F&B

PepsiCo Appoints C.D. Glin As President of The PepsiCo Foundation

November 3, 2022
F&B

The Coca-Cola Company Elects Three Officers

October 21, 2022
F&B

PepsiCo Announces Second Round of Projects Funded by Its Global Agriculture Accelerator, The Positive Agriculture Outcomes Fund

October 21, 2022

Ford Joins the Virtual Power Plant Partnership as a Founding Member to Support Grid Resiliency and Emissions Reductions

January 11, 2023

...

AkzoNobel using 100% renewable electricity in North America

January 26, 2023

...

Microsoft and Qcells announce strategic alliance to curb carbon emissions and power the clean energy economy

January 26, 2023

...

Pfizer Expands ‘An Accord for a Healthier World’ Product Offering to Include Full Portfolio for Greater Benefit to 1.2 Billion People in 45 Lower-Income Countries

January 18, 2023

...

BASF breaks ground on MDI capacity expansion project at Geismar site

January 12, 2023

...

Barclays Expands Technology Banking Franchise with Two Senior Appointments

January 26, 2023

...

PriceSmart Announces Joint Technology Platform Project with Toshiba Global Commerce Solutions

January 17, 2023

...

Hyundai Motor America Reports Record-Breaking January 2023 Sales

February 2, 2023

...

Intel Board of Directors Appoints Frank D. Yeary as New Independent Chair

January 24, 2023

...

NORTH AMERICAN BUSINESS (www.na-biz.com) is a leading source of business and corporate news, information, industry trends, market updates and insights across a broad spectrum of industries in North America and worldwide.

INDUSTRIES

  • Aero
  • Agriculture
  • ALL
  • Automotive
  • Business Service
  • Chemical
  • Construction
  • Construction Materials
  • Consumer
  • Education
  • Energy
  • Entertainment
  • Environmental
  • F&B
  • Financial
  • Healthcare
  • Hospitality
  • Industrial
  • IT
  • IT Hardware
  • Logistic
  • Metal & Mining
  • Packaging & Paper
  • Rail
  • Real Estate
  • Telecom

CONTACT US

EDITORIAL:     editor#na-biz.com

PARTNERSHIP:     biz#na-biz.com

HUMAN RESOURCE:     hr#na-biz.com

* (replace # with @)

  • Official Site

Copyright © NA-BIZ.COM All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © NA-BIZ.COM All rights reserved.