PE-backed Noodles & Company plans secondary offering

Noodles & Company said Tuesday that it has filed for a secondary public offering. The company has not disclosed the number of shares it plans to sell; however, it expects to ink an agreement with certain company executives to buy back shares in a private transaction. Noodles & Company currently trades its stock on the NASDAQ under the ticker symbol "NDLS." Morgan Stanley & Co. and UBS Securities are serving as lead underwriters. Noodles & Company, which is backed by Catterton Partners and Argentia Private Investments, is a fast casual restaurant chain.

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