Zoës Kitchen Inc. | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Back to transactions

Zoës Kitchen Inc.

$100.6 Million 04/10/2014 Restaurants Complete
Public Companies
Show Tombstone

Transaction Details

  • On April 10, 2014, Zoës Kitchen, Inc. (NYSE: ZOES) ("Zoës," or the "Company") priced an Initial Public Offering for a deal value of $87.5 million
  • The deal priced 5,833,333 shares of common stock at $15.00 per share
    - The initial filing range was $11.00 - $13.00 per share
    - All primary shares were offered by the Compan
  • The underwriters exercised a 15% greenshoe option to purchase an additional 874,999 shares (100% primary)
    - The greenshoe was exercised on April 11, 2014
  • Proceeds from the Initial Public Offering will be used to (i) repay the entire amount of the outstanding borrowings under the Company's credit facility, (ii) continue to support growth, primarily through opening new restaurants and (iii) for working capital and general corporate purposes
  • Stephens Inc. served as a Co-Manager in the Offering

About the company

Zoës Kitchen, Inc.
Founded in 1995, Zoës Kitchen is a fast casual restaurant concept serving a distinct menu of fresh, wholesome, Mediterranean-inspired dishes delivered with Southern hospitality. With more than 110 locations in 15 states across the U.S., Zoës Kitchen aims to deliver goodness to its customers by providing simple, tasty and fresh Mediterranean meals, inspired by family recipes, and made from scratch daily.

Sources: Company filings and Stephens Inc. internal data
  1. This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from external sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.