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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.
Publicis Groupe reported 4.5 percent Q1 organic growth in net revenues to $4.1B despite the volatile macro environment.
PondelWilkinson, the Los Angeles-based IR and strategic communications shop, has expanded to the East Coast by adding Anreder & Company veterans following the retirement of principal Steven Anreder.
Teneo represents American Ocean Minerals Corp as its merges with NASDAQ-listed Odyssey Marine Exploration to create a $1B deep-sea critical minerals research and mining platform that is under US-control.
Kekst CNC represents Cleveland-based Everstream as the business-only fiber network receives bankruptcy court approval for the sale of almost all of its operations to Bluebird Fiber for $385M.
FTI Consulting handles media for McCormick as the 137-year-old flavors company combines with Unilever Foods in a deal valued at $45B.
