Dutch Bros IPO: Oregon Coffee Company Confidentially Files to Go Public

A Dutch Bros IPO is coming to the market. The coffee chain announced it has confidentially filed to go public. So will Dutch Bros be a good investment? Let’s take a look…

Dutch Bros was founded in 1992 by Travis and Dane Boersma. The brothers were in the family dairy business, and they were looking for a way out after industry changes. The company started as a coffee stand in 1992 in Grants Pass, Oregon…

They started with 100 pounds of beans, a double-head espresso machine, and a pushcart by the railroad tracks dispensing as many free samples as possible. By 1996, Dutch Bros had six locations and welcomed its first franchisee in 1998.

By 2009, the brothers had grown a chain of small coffee kiosks to 150 locations. Dane Boersma passed away that year from Lou Gehrig’s disease. Travis continued to run the business, and it grew rapidly.

Today, Dutch Bros has over 470 locations in 11 states, ranging from Washington to Texas. At this coffee chain you can find coffees, mochas, lattes and other espresso-based variations. But the menu goes beyond coffee, offering energy drinks, smoothies and other frozen drinks. Today, Dutch Bros is the largest privately held drive-through coffee chain in the United States.

Coffee Segment Took Hardest Hit During Pandemic

Dutch Bros continued to grow despite the pandemic. The company opened 72 new locations and added 3,000 employees in 2020.

Coffee became one of the hardest-hit segments during the pandemic, as commuters opted to…

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