Attached files
file | filename |
---|---|
8-K - FORM 8-K - Bravo Brio Restaurant Group, Inc. | l40966e8vk.htm |
EX-3.2 - EX-3.2 - Bravo Brio Restaurant Group, Inc. | l40966exv3w2.htm |
EX-4.1 - EX-4.1 - Bravo Brio Restaurant Group, Inc. | l40966exv4w1.htm |
EX-3.1 - EX-3.1 - Bravo Brio Restaurant Group, Inc. | l40966exv3w1.htm |
EX-10.1 - EX-10.1 - Bravo Brio Restaurant Group, Inc. | l40966exv10w1.htm |
Exhibit 99.1
Bravo Brio Restaurant Group, Inc. Successfully Completes its Initial Public Offering
COLUMBUS, OHIO October 26, 2010 Bravo Brio Restaurant Group, Inc. (BBRG) (NASDAQ: BBRG)
today announced that it successfully completed its initial public offering of 11,500,000 shares of
BBRGs common stock at $14.00 per share, which included 5,000,000 shares offered by BBRG and
6,500,000 shares offered by certain of BBRGs existing shareholders, including 1,500,000 shares
sold to the underwriters to cover over-allotments. BBRGs stock began trading on the Nasdaq Global
Market on October 21, 2010 under the symbol BBRG.
Total net proceeds to BBRG from the offering, after deducting underwriter discounts and commissions
and estimated offering expenses, were approximately $62.4 million. BBRG will use the net proceeds
from the offering to repay indebtedness and for general corporate purposes. The selling
shareholders include affiliates of three private equity firms, Bruckmann, Rosser, Sherrill & Co.
Management, L.P., Castle Harlan, Inc. and Golub Capital.
Jefferies & Company, Inc., Piper Jaffray & Co. and Wells Fargo Securities, LLC acted as joint
book-running managers for the offering. The co-managers are KeyBanc Capital Markets Inc. and Morgan
Keegan & Company, Inc. A copy of the final prospectus related to this offering may be obtained by
contacting Jefferies & Company, Inc., 520 Madison Avenue, New York, NY 10022, Attention: Syndicate
Prospectus Department, or by calling toll-free 888-449-2342; Piper Jaffray & Co., Prospectus
Department, 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402, or by calling toll free
800-747-3924 or by email to prospectus@pjc.com; or Wells Fargo Securities, LLC, Attention: Equity
Syndicate Department, 375 Park Avenue, New York, New York 10152, or by calling toll-free
800-326-5897 or by email to equity.syndicate@wellsfargo.com.
About Bravo Brio Restaurant Group, Inc.
Bravo Brio Restaurant Group, Inc. is a leading owner and operator of two distinct Italian
restaurant brands, BRAVO! Cucina Italiana and BRIO Tuscan Grille. BBRG has positioned its brands as
multifaceted culinary destinations that deliver the ambiance, design elements and food quality
reminiscent of fine dining restaurants at a value typically offered by casual dining
establishments, a combination known as the upscale affordable dining segment. Each of BBRGs brands
provides its guests with a fine dining experience and value by serving affordable cuisine prepared
using fresh flavorful ingredients and authentic Italian cooking methods, combined with attentive
service in an attractive, lively atmosphere. BBRG strives to be the best Italian restaurant company
in America and is focused on providing its guests an excellent dining experience through
consistency of execution.
Contacts:
Investor Relations
Don Duffy/Raphael Gross
(203) 682-8200
investors@bbrg.com
Don Duffy/Raphael Gross
(203) 682-8200
investors@bbrg.com