1987: An investment team led by Richard K. Herzer purchases IHOP. 1991: IHOP goes public. 2003: IHOP adopts a traditional franchise business model. IHOP Corporation operates and franchises the International House of Pancakes restaurant concept in …

1987: The IHOP Company reverts back to American ownership. 1990s: IHOP grows through franchising, increasing the number of restaurants from 490 to over 900. Awareness of the brand exceeds 98 percent. 1991: IHOP moves its headquarters to Glendale, California, and becomes publicly traded on the NASDAQ Stock Market under the symbol “IHOP”. 1992

IHOP Restaurants LLC (US: / ˈ aɪ. h ɒ p / EYE-hop; acronym for International House of Pancakes) is an American multinational pancake house restaurant chain that specializes in American breakfast foods. It is owned by Dine Brands—a company formed after IHOP's purchase of Applebee's, with 99% of the restaurants run by independent franchisees.

2023年7月21日 · In May 1987, this investment team, led by Herzer, purchased IHOP from SVIDO for an estimated $50 million. In August 1992, IHOP made another strategic move in its effort to dominate the family-dining market when it acquired 23 units in the Pacific Northwest from JB's Restaurants, Inc.

Learn how IHOP originated and view our updated timeline. From the streets of Los Angeles to a location near you, it all started here. International House of Pancakes® began making people smile in 1958 when it opened its doors in the suburbs of Los Angeles.

1991年5月21日 · IHOP Corp. owns, operates and franchises International House of Pancakes restaurants. The Glendale-based company, which was bought by management in 1987, now plans to go public in a stock...

1987: Richard K. Herzer, financed by Kelso Company acquired IHOP. 1991: IHOP held an IPO and traded on the NYSE with the symbol IHP. 1992: IHOP opened its 500 th restaurant.

The company reverted back to American ownership in 1987 when Herzer and other investors purchased the company. In the 1990s, IHOP continued its successful strategy of expansion, primarily through franchising, increasing the number of restaurants from 490 to more than 800.

1998年11月9日 · In 1987, he negotiated a management-led leveraged buyout of IHOP Corp. This allowed management to operate IHOP as an independent company, investing in new restaurants, remodeling existing...

1993年6月15日 · The company was barely breathing when a management group led by Herzer, and the New York investment firm Kelso & Co., took the company private in a 1987 leveraged buyout.