Overview
- The owner of Dunkin’, Arby’s, Sonic, Jimmy John’s, Baskin-Robbins, and Buffalo Wild Wings disclosed a confidential SEC filing to prepare a U.S. stock offering.
- The company said it has not set the number of shares or a price range, and it noted that timing depends on the SEC review and market conditions.
- Inspire said net proceeds would reduce debt under an existing term loan and cover fees tied to the transaction.
- Across its six chains, Inspire reported about $33.4 billion in 2025 systemwide sales and more than 33,300 restaurants across roughly 60 markets.
- Media reports say JPMorgan and Bank of America are leading the deal with Barclays, Goldman Sachs, and Morgan Stanley also advising, and they cite a Roark-sought valuation near $20 billion that the company has not confirmed.