• Domino's could go public next week, sources say

ANN ARBOR, Mich. -- Domino's Pizza could go public as soon as next week, according to sources cited by Reuters.

The news service reported that several unidentified sources claim that Bain Capital, the Boston-based private equity firm that owns 93 percent of Domino's Inc., is in the final stages of preparing for the offering.

Spokesmen for Bain and Domino's declined to comment on the speculation.

Sources estimate the offering's worth at $1.3 billion (7.5 times to eight times annual operating earnings [EBITDA]). Domino's second-quarter 2002 EBITDA was $41.6 million (a 14 percent increase over the previous-year period) on $904.3 million in revenues.

Reuters' sources also said, however, that the IPO could be withdrawn if market conditions are deemed unfavorable.

In July, Bain joined Goldman Sachs Capital Partners L.P. and Texas Pacific Group to buy Miami-based Burger King. The sale netted $2.3 billion for London-based spirits giant, Diaego, Plc.

* In other Domino's news, the company announced its annual Gold Franny winners, which recognizes franchisees that scored the highest in sales performance, product quality and operational audit scores, community involvement, store safety and security levels and store crew morale.

U.S. winners included: David Jenks (seven stores in Massachusetts); Elizabeth and Mike McDermott (two stores in Pennsylvania); Frank Lazauskas (seven stores in New Jersey, Connecticut and Pennsylvania); Jim Denburg (six stores in New York City); Brent Hamill (six stores in Los Angeles); Dennis Schwesinger (one store in California); Jim Garner (eight stores in Texas); Mark Talarico (one store in California); Stacy Hoffman (one store in California); Scott Smith (two stores in Nevada); Bob Lowe (one store in Florida); Freddie Wehbe (four stores in Florida); and Jason Shifflet (four stores in Mississippi and Tennessee).

International winners were: Chris Forrester (Scotland); Moonpal Grewal (England); Paul Bunis (Scotland); and Fabrice Dorie (France).

Related Content

User Comments – Give us your opinion!
Products & Services

Quote decoder: how to compare restaurant POS systems

http://global.networldalliance.com/new/images/products/1290.png

1290/Quote-decoder-how-to-compare-restaurant-POS-systems

AquaCafe

http://global.networldalliance.com/new/images/products/6965.png

6965/AquaCafe

Social Security Number (SSN) Verification

http://global.networldalliance.com/new/images/products/SSN_employmentsearch.gif

1426/Social-Security-Number-SSN-Verification

PeopleMatter LEARN™

http://global.networldalliance.com/new/images/products/4627.png

4627/PeopleMatter-LEARN

Nationwide Criminal Records

http://global.networldalliance.com/new/images/products/Criminal_Search_iix.gif

1427/Nationwide-Criminal-Records

Call Center Ordering

http://global.networldalliance.com/new/images/products/5939.png

5939/Call-Center-Ordering

Self Serve iPad Ordering

http://global.networldalliance.com/new/images/products/5605.png

5605/Self-Serve-iPad-Ordering

Can you prove your restaurant POS is PCI-compliant?

http://global.networldalliance.com/new/images/products/1292.png

1292/Can-you-prove-your-restaurant-POS-is-PCI-compliant

Pizza POS Software

http://global.networldalliance.com/new/images/products/5937.png

5937/Pizza-POS-Software

Group Purchasing Services

http://global.networldalliance.com/new/images/products/6403.png

6403/Group-Purchasing-Services

Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.