HABT News

Shake Shack, a fast-casual burger chain with 36 US and 27 international locations, announced terms for its IPO on Tuesday. The New York, NY-based company plans to raise $75 million by offering 5.0 million shares at a price range of $14 to $16. At the midpoint of the proposed range, Shake Shack would command a fully diluted market value of $533 million. See a ...read more

With Shake Shack’s filing bringing much attention to the Manhattan-based fast causal burger chain and IPO investors continuing to clamor for the next hot fast casual concept, we thought running a side-by-side comparison of the numbers of Shake Shack to hugely successful IPO Habit Restaurants, as well as fast casual juggernaut Chipotle, would help put the latest fast casual IPO...read more

Supported by stable equity returns, global IPO issuance reached the highest levels since 2010. Annual IPO proceeds increased 48.7% to $204.8 billion. North America was the largest contributor to IPO issuance with the United States accounting for 39% of global proceeds. Europe, the Middle East and Africa also experienced jumps in IPO proceeds after facing struggles in recent years...read more

Over the last year, the US IPO market set a 14-year record against a mostly low-volatility backdrop. With 273 IPOs, 2014 was the most active period of issuance since 406 companies went public in 2000. It was the second year of uninterrupted IPO activity, up 23% over 2013, due to a doubling of biotech issuance. Proceeds of $85 billion, inflated by Alibaba’s $22 billion offering...read more