Chuck E. Cheese

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.