Donut and coffee company Dunkin Brands, which is owned by which is owned by the Carlyle Group, Bain Capital and Thomas H. Lee Partners, has named bookrunners for its planned IPO, Reuters reported. Barclays, JPMorgan and Morgan Stanley were named as active bookrunners, and Bank of America and Goldman Sachs as passive bookrunners. The company plans its IPO for sometime this summer, Reuters said.
(Reuters) – Dunkin Brands has picked Barclays , JPMorgan and Morgan Stanley as active bookrunners, and Bank of America and Goldman Sachs as passive bookrunners on its planned IPO, two sources familiar with the matter said on Thursday.
The private equity-backed restaurant operator is planning an initial public offering for this summer, the CNBC cable channel reported earlier on Thursday.
Reuters reported last month that the IPO could be as large as $750 million.
Dunkin Brands, which operates the Dunkin’ Donuts and Baskin-Robbins chains, was not immediately available to comment.
(Reporting by Clare Baldwin; Writing by Martinne Geller, editing by Bernard Orr)