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ICR is handling the return of Chuck E. Cheese, pizza joint/playroom, to the public market via a reverse merger of its parent, CEC Entertainment, with Leo Holdings, a blank check company.
Chuck E. Cheese Brands Inc, which also owns Peter Piper Pizza, will trade on the Big Board with an initial valuation of $1.4B.
CEO Tom Leverton plans to pursue acquisition opportunities, grow/upgrade existing venues and enhance the total guest experience.
Apollo Global Management, which took CEC private in 2014, will own a 51 percent stake in the publicly listed company.
CEC franchisees operate 606 Chuck E. and 144 Peter Piper units in 47 states and 14 foreign countries.
ICR’s Raphael Gross and Liz Ditrapano are working the CEC deal.
C Street Advisory handles iRobot Corp as the marketer of the Roomba autonomous vacuum cleaner files Chapter 11 after being squeezed by cheaper competitors.
Joele Frank represents Confluent Inc. as the Mountain View, CA-based data streaming platform company agrees to be acquired by IBM in a deal with an enterprise value of $11B.
Tom Johnson, who has headed H/Advisors Abernathy since 2016, will join FGS Global as global head of private capital & financial services, effective Dec. 16.
Brunswick Group and Gagnier Communications are handling Paramount’s $30 cash per-share offer for all of Warner Bros Discovery, topping Netflix $27.50 cash/stock transaction.
ICR Inc. handles communications for Enhanced Ltd, which plans to run Olympic-type competitions with athletes using performance-enhancing drugs, as it goes public in a SPAC deal valued at $1.2B via a merger with A Paradise Acquisition Corp. of Hong Kong.
