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Portillo's executives labeled the company's IPO Thursday a success, saying it is a "first step for us in a long-term journey."
The Oak Brook-based company plans to sell 20.27 million shares at $17 to $20 per share, according to a filing with the U.S. Securities and Exchange Commission.
One of Chicago's most iconic restaurant chains is about to take their company public.The Wall Street Journal is reporting valuation in the billions. Soon, you'll have the opportunity to turn your Chicago-style hot dog obsession into a nice little investment. The extremely popular Italian food chain just announced their first ever pick-up and delivery-only restaurant in Joliet, has even more big news. The Chocolate Cake Shake is Money in the Bank I'm pretty sure it's a safe bet that Dick Portillo never thought that 58 years ago when he opened his first hot dog stand (The Dog House) in Villa Pa...
Portillo's plans to go public By Kennedy Hayes The fast-casual chain, Portillo's, based in suburban Oak Brook is going public. CHICAGO - Portillo's is going public. The Oak Brook-based restaurant chain, known for its hot dogs and Italian beef sandwiches, announced it confidentially submitted a registration statement with the Security and Exchange Commission Monday. No date has been announced for the initial stock offering. The company didn’t reveal the number of shares it will be offering or the price range, although the Wall Street Journal reported Portillo’s is targeting a valuation b...