Business & Tech
Cooper's Hawk Planning Initial Public Offering In 2022: Report
Crain's reports that Cooper's Hawk Winery and Restaurants is planning an IPO that could be valuated at $1 billion.
DOWNERS GROVE, IL —Cooper's Hawk Winery and Restaurants, which is headquartered in Downers Grove, is set to make its initial public offering (IPO) in 2022, according to Crain's.
It's estimated the IPO may be valuated at over $1 billion, the report said. The company is said to be in talks with Jefferies Financial Group, Piper Sandler Cos. and Bank of America.
A spokesperson for Cooper's Hawk did not immediately respond to Patch's request to confirm the information Thursday.
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Cooper's Hawk Winery and Restaurantswas founded in 2005 by Tim McEnery, who serves as the chain's CEO. Today, the restaurant chain has 47 locations throughout the United States, including a restaurant on Butterfield Road in Downers Grove and a winery in Woodridge. The headquarters for Cooper's Hawk Winery and Restaurants is located at 3500 Lacey Rd, Downers Grove.
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