Private equity’s appetite for restaurants
Nov 20 2024
Length: 28 mins
Podcast

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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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