How private equity played a role in Red Lobster and TGI Fridays bankruptcies
- Posted on February 25, 2025
- By CNBC
- 10 Views
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.
