FOGO News

Fogo Hospitality, a Brazilian steakhouse chain with 75 locations in the US and internationally, withdrew its plans for an initial public offering on Tuesday. It originally filed in November 2021 with an estimated deal size of $200 million. In August 2023, Bain Capital agreed to buy Fogo from current owner Rhone Capital. The Dallas, TX-based company was founded in 1979 and...read more

There were three pricings this past week, two of which are included in our IPO stats. One blank check IPO also debuted, and one issuer submitted an initial filing. Pipeline and private company news from the past week provided more hints about fall IPO activity. There are some big names lining up potential listings next month, including chip designer Arm, luxury...read more

Consumer IPOs have been on a roll in recent weeks, and private companies are taking notice. Four consumer IPOs have raised $100 million or more since May: J&J spin-off Kenvue (KVUE), Mediterranean restaurant CAVA Group (CAVA), thrift store Savers Value Village (SVV), and most recently DTC beauty retailer ...read more

Two deals are currently on the calendar for the week ahead, only one of which qualifies for inclusion in our stats. One SPAC is also tentatively scheduled to price. After scrapping plans for a SPAC merger in 2022, aviation company Surf Air Mobility (SRFM) is slated to begin trading on the NYSE in the first direct listing of 2023. Surf Air provides a regional air...read more