Inspire Brands, owner of Dunkin', files for IPO

Inspire Brands, owner of Dunkin' and other major restaurant chains, has confidentially filed for an initial public offering. The move could result in one of the largest-ever restaurant IPOs, with a reported valuation target of around $20 billion. Inspire Brands operates over 33,300 restaurants globally. Founded in 2018, Inspire Brands has acquired several popular chains, including Arby's, Sonic Drive-In, Jimmy John's, Dunkin', and Baskin Robbins.