Black Rock Coffee Bar Reportedly Files Confidentially for IPO

Black Rock Coffee Bar has filed for an initial public offering in New York, aiming for a valuation exceeding $1 billion. This IPO would be the first from a U.S. coffee company since 2022. Recent coffee-related IPOs include Dutch Bros. in 2021 and Black Rifle Coffee Company in 2022. Major financial institutions like JPMorgan Chase and Morgan Stanley are involved in the process. Founded in 2008 in Beaverton, Oregon, Black Rock has expanded to 157 locations and plans to open 100 new stores by 2026 under CEO Mark Davis.

Black Rock Coffee Bar has confidentially filed for an initial public offering in New York, targeting a valuation exceeding $1 billion. This will mark the first IPO from a U.S. coffee company since 2022.

In 2023, Black Rock Coffee Bar appointed Mark Davis as CEO and plans to open 100 new stores by 2026, expanding its presence across multiple states.

Read at Daily Coffee News by Roast Magazine