How Private Equity Is Behind Red Lobster And TGI Fridays' Bankruptcies скачать в хорошем качестве

How Private Equity Is Behind Red Lobster And TGI Fridays' Bankruptcies

Between 2014 and 2024, private equity firms invested more than $90 billion into U.S. restaurants and bars. Red Lobster and TGI Fridays were two of the most notable. The two casual dining giants were acquired through a transaction type called a leveraged buyout that ultimately contributed to their bankruptcies in 2024. Watch the video above to learn more about the most commonly used strategies by private equity firms, including sale-leasebacks and roll-ups, to try to turn a company around. Chapters: 0:00 Introduction 1:16 Chapter 1. What is private equity? 4:33 Chapter 2. When private equity takes over 8:59 Chapter 3. What’s next on the menu Produced by: Natalie Rice Edited by: Darren Geeter Animation: Jason Reginato Senior Managing Producer: Tala Hadavi Additional Sources: PitchBook Additional footage: Getty Images, Red Lobster, P.F. Chang’s » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to up your AI skills and be more productive? Take CNBC’s new online course on “How to use AI to be More Successful at Work" to leverage AI at work, and in life. Sign up now: https://cnb.cx/40jZlNX Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How Private Equity Is Behind Red Lobster And TGI Fridays' Bankruptcies