 |
Abernathy McGregor represents European investment firm JAB Holdings as it slates an initial public offering for its Panera Brands unit composed of Panera Bread, Caribou Coffee and Einstein Bros. Bagels.
USHG Acquisition Corp., a SPAC sponsored by Danny Meyer's Union Square Hospitality Group, has agreed to invest in Panera's stock once the IPO is completed.
Meyer will invest his own money in Panera Brands and become lead independent director of the unit.
Niren Chaudhary, CEO of Panera, has "long admired Danny's work as he built some of today's most beloved brands with a relentless focus on hospitality and culture."
Meyer said Panera Brands meets his investment criteria to combine with "a purpose-driven business that is scalable and built for the long haul."
He's excited to partner with Panera Brands alongside JAB, which will remain an investor in the company.
AbMac CEO Tom Johnson represents JAB.
The firm is part of Havas Group's AMO network.
Publicis Groupe’s H1 net revenues inched ahead by 1.1 percent to $8.3B. Organic growth hit the 4.7 percent mark.
Public Policy Holding Company grew 27.5 percent to $50.1M during Q1, powered by the accelerating contribution from recent acquisitions and a 5.1 percent hike in organic revenues across its three operating segments.
Institutional Shareholder Services advises investors to vote "no" on a compensation package for WPP chief Cindy Rose at the May 8 annual meeting.
FTI Consulting chalked up a 9.5 percent rise in Q1 revenues to $983.3M, powered by gains in its PR, corporate finance and technology segments.
Stagwell reports 4 percent growth in Q1 net revenues to $585M and a record $141M in net new business wins.
