Guzman y Gomez ramps up preparations for IPO: report

Offer documents may be ready by the first half of 2021.

Guzman y Gomez has asked investment bankers and lawyers to start paperwork on its planned initial public offering that could potentially value it at more than $500 million.

The Australian Financial Review reported that the chain’s board, led by ex-Kmart and McDonald’s Australia executive Guy Russo, has mandated Morgan Stanley and law firm Gilbert + Tobin to “ramp up the preparations” and “have the formal offer documents and pitch to potential investors ready as soon as the first half of next year.”

Guzman y Gomez has 125 stores in Australia, along with outlets in Singapore, Japan and the United States.

QSR Media has sought Guzman y Gomez for comment but the chain has not responded as of press time.

Join QSR Media Australia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

The chain is also giving one couple the chance to win free catering.
The Mexican QSR recently embarked on a hiring spree across the country.
The promotion is available across the chain’s 41 stores.
This unit guarantees food quality without increasing operational expenses.
Controlling food costs, lessening waste, and forecasting demand accurately are crucial.
It partnered with Sydney illustrator Julie Luu to feature festive art across store signages and the brand’s 2022 Christmas Calendar.
One applicant will also have the chance to win a year’s worth of free pizza and a Nintendo Switch.
Find out how the upgraded digital menu signages improved the brand's operational and cost efficiencies.
The fast food chain has 54 restaurants across SA and 449 nationally.