Expect more restaurant IPOs

Expect more restaurant IPOs

Chains will keep going public thanks to strong valuations.

Investors are putting a hefty price tag on publicly traded restaurants, providing an incentive for the owners of growing chains to take them public.

Investment bankers and other investors expect the flow of restaurant IPOs to continue as a result, despite recent stock market volatility and declines for some growth chains that recently went public.

“The markets are open,” said Damon Chandik, managing director and head of the restaurant investment banking firm Piper Jaff

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