Dunkin’ Owner Inspire Brands Files Confidentially for US IPO

May 8, 2026, 7:31 PM UTC

Inspire Brands Inc., the owner of fast-food chains Dunkin’, Arby’s and Jimmy John’s, filed confidentially for a US initial public offering.

The number of shares and price range for the proposed offering haven’t been determined, according to a company statement Friday. The IPO could raise roughly $2 billion, people familiar with the matter have said.

Inspire was formed by Roark Capital in 2018 as an owner, operator and franchisor of a portfolio of restaurant brands. The Atlanta-based company’s holdings also include Baskin-Robbins, Sonic Drive-In and Buffalo Wild Wings. In 2020, Inspire bought Dunkin’ Brands in an $11 billion take-private ...

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