How private equity played a role in Red Lobster and TGI Fridays bankruptcies
In 2024, 21 restaurant and bar chains filed for bankruptcy. Ten of those had been backed by private equity, according to PitchBook.
Red Lobster
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How private equity played a role in Red Lobster and TGI Fridays bankruptcies
In 2024, 21 restaurant and bar chains filed for bankruptcy. Ten of those had been backed by private equity, according to PitchBook.
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