The sports bar—estimated to have an equity value of around $1.2 billion—will officially go public in late January.
In 2011, Joe Hummel left a nearly two-decade career with Hooters to join Twin Peaks as a franchisee with several partners. The group saw an opportunity to grow a brand with a clean slate, unique assets, scratch kitchen, and 29-degree beer.
When they signed up, there were 14 stores. Since then, Twin Peaks has grown to 115 restaurants, each showcasing 150 bottles of liquor, 60 to 80 TVs ranging from 65 to 200 inches in size, and every sports package (NBA, NFL, NHL, and pay-per-view events) imaginable. That’s all paired with the authentic tones of a lodge and the iconic Twin Peaks girl…