NAPA - Dutch Bros Coffee files confidentially to go public

Roman Valiev/iStock via Getty Images Dutch Bros Coffee files confidentially for an IPO in the U.S. No specific terms were disclosed, The chain's IPO was been anticipated and will one of the first in the restaurant sector in several years. Dutch Bros Coffee was founded in 1992 and has over 400 locations in the U.S., compared to about 15K Starbucks (SBUX) locations in the U.S. and 9K Dunkin' Donuts (DNKN) locations. The Oregon-based coffee chain is backed by TSG Consumer Partners, which recently brought Duckhorn Portfolio (NAPA) public. Last month, reports indicated that Dutch Bros Coffee is seeking a valuation at around $3B when it goes public.

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Dutch Bros Coffee files confidentially to go public