How private equity played a role in Red Lobster and TGI Fridays bankruptcies
Posted: Tue Feb 25, 2025 2:46 pm
In 2024, 21 restaurant and bar chains filed for bankruptcy. Ten of those had been backed by private equity, according to PitchBook.
Source: https://www.cnbc.com/2025/02/25/red-lob ... quity.html
Source: https://www.cnbc.com/2025/02/25/red-lob ... quity.html