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Posted on Sep 20, 2013

Checkers Franchise Set to Issue IPO

Tampa-based Checkers Drive-In Restaurants Inc.is reported to be planning an initial public offering. The company operates approximately 800 Checkers and Rally’s drive-thru restaurants all across the United States. Reuters reports that investment banking firms Piper Jaffray and Jefferies have been called up to prepare the IPO.  The move comes after Checkers owner, Wellspring Capital Management, unsuccessfully attempted to sell Checkers last year. If you want to learn more about Checkers, click here.

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