Davis Polk advised International Meal Company Holdings S.A. and the selling shareholders in connection with an initial public offering of 30,545,167 common shares for an aggregate amount of approximately US$247.5 million. The common shares trade on the São Paulo Stock Exchange. Securities in the international offering were placed under Rule 144A and Regulation S.

Headquartered in São Paulo, IMC is a leading, multi-brand, quick casual restaurant chain in Brazil with 214 company-operated restaurants and more than 8,000 employees. IMC owns and operates premium brands in Brazil and Latin America. 

The Davis Polk corporate team included partner Manuel Garciadiaz, associate Ivana Martins and foreign temporary associate Artur Fernandes Andrezo (admitted only in Brazil). Partner Kathleen L. Ferrell and associate Catherine P. Tennant provided tax advice. Associate Catherine L. Martin provided advice on issues relating to the Investment Company Act of 1940. Joshua Sills was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.