• Private equity’s appetite for restaurants

  • Nov 20 2024
  • Length: 28 mins
  • Podcast

Private equity’s appetite for restaurants

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  • Summary

  • Blackstone just bought a majority stake in Jersey Mike’s, a sub shop with 3,000 locations. Surprised? Don’t be. Since the pandemic started, private equity has been gobbling up restaurants, especially fast-casual ones. But struggling chains and sit-down establishments can also be attractive investments. We’ll chew on why. Also in this episode: Homebuilders are cautiously optimistic and central banks around the globe are nervous about a flare-up of inflation.
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