US IPO Weekly Recap: Portillo’s gains 87% in an 11 IPO week
The fall IPO market kept a brisk pace this past week with 11 IPOs, led by restaurant chain Portillo’s. SPACs also stayed active, with 18 blank check IPOs. There was one postponement: winery Winc . New filers continue to flood the pipeline, with 14 IPOs and X SPACs submitting initial filings.Portillo’s priced at the high end to raise $405 million at a $1.4 billion market cap. Acquired by Berkshire Partners in 2014, Portillo's owns and operates a fast casual chain with 67 restaurants primarily in