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Pinstripes, a Best-in-Class Experiential Dining and Entertainment Brand, to Become a Public Company

 Business Combination with Banyan Acquisition Corp. Expected to Be Completed by End of 2023 Highly differentiated, multi-dimensional dining and entertainment brand operating iconic destinations across the U.S., generating average unit volumes of more than $8 million(1) and venue-level EBITDA margins in excess of 17% Proven national portability with 13 venues open and operating across eight states, six venues under construction, additional venues expected to be opened by the end of calendar ...
United States Kirkland Ellis Piper Sandler Dale Schwartz Keith Jaffee Jerry Hyman

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Northbrook-based Pinstripes will go public, eyes expansion

Northbrook-based Pinstripes, a dining and entertainment brand with four locations in the Chicago area, said it would go public Friday. The planned IPO comes as part of a proposed merger with Banyan Acquisition Corp. The transaction values the combined company at a pro forma enterprise value of about $520 million at $10 per share, the company said in a news release. Pinstripes locations combine ...
United States South Barrington Jerry Hyman Keith Jaffee Dale Schwartz Banyan Acquisition Corp
Source: yahoo.com

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