Latham & Watkins Advises on Dutch Bros Inc.’s Secondary Public Offering of Class A Common Stock

Dutch Bros Inc. (NYSE: BROS), a high-growth operator and franchisor of drive-thru shops, has announced commencement of a registered underwritten public offering of its Class A common stock, par value US$0.00001 per share (the Common Stock), by certain selling stockholders associated with TSG Consumer Partners, L.P. (the Selling Stockholders). The Selling Stockholders intend to offer 8,000,000 shares of Common Stock pursuant to a registration statement on Form S-3 filed with the Securities and Exchange Commission.

Latham & Watkins LLP represents the underwriters in the offering with a capital markets team led by partners Marc Jaffe, Ian Schuman, Stelios Saffos, and Scott Westhoff, with associates Abid Ahmed, Matt Schlanger, and Emma Gilmore.