Dutch Bros Coffee Mulls IPO | QSR magazine
In 2020, the company opened 70 units. Dutch Bros Coffee is reportedly weighing an IPO for later in 2021, according to Bloomberg. The Oregon-based chain, which has more than 450 units, is seeking to be valued at around $3 billion, sources told the media outlet. The company has talked to advisors, but no final decision has been made on the matter. Dutch Bros prides itself as being the largest privately owned coffee chain in the U.S. In October 2018, the chain announced that private equity firm TSG Consumer Partners had acquired a minority stake. Financial terms of the deal weren’t disclos...