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igniterestaurants.com

Stage

IPO | IPO

Date of IPO

5/13/2012

About Ignite Restaurant Group

Ignite Restaurant Group operates two restaurant businesses, Joe's Crab Shack and Brick House Tavern+Tap. Each of the restaurant businesses offers a variety of high-quality food in a distinctive, casual, high-energy atmosphere. Joe's Crab Shack and Brick House Tavern+Tap operate in a diverse set of markets across the United States. In May 2012, Ignite Restaurants Group went public with a valuation of $346.5 million.

Ignite Restaurant Group Headquarter Location

9900 Westpark Drive Suite 300

Houston, Texas, 77063,

United States

713-336-7500

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Latest Ignite Restaurant Group News

Ignite Restaurant Bankruptcy Plan Effective

Dec 20, 2017

Advertisement Ignite Restaurant Group’s Chapter 11 Plan of Liquidation became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on December 1, 2017. Advertisement BankruptcyData’s detailed Plan Summary notes, “The Plan constitutes a plan of liquidation and sets forth the means for satisfying Claims against and Interests in the Debtors. Pursuant to the Settlement, the Lenders will be receiving all of the net proceeds of the sale, except for $900,000 to be distributed to general unsecured creditors…The Liquidation Analysis for the Debtors estimates the Estimated Net Proceeds available from Assets to be $46.14 million. The recovery rate to the Class 2 – Secured Lender Claims is estimated to be 100%. The recovery rate to Class 4 – General Unsecured Claims is estimated to be 1%, and the recovery rate to Class 3 – Other Priority Claims is estimated to be zero.” This restaurant operator filed for Chapter 11 protection on June 6, 2017, listing $149 million in pre-petition assets.

Ignite Restaurant Group Web Traffic

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Ignite Restaurant Group Rank

  • Where is Ignite Restaurant Group's headquarters?

    Ignite Restaurant Group's headquarters is located at 9900 Westpark Drive, Houston.

  • What is Ignite Restaurant Group's latest funding round?

    Ignite Restaurant Group's latest funding round is IPO.

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