TriArtisan Capital Partners is in “advanced talks” to buy casual-dining chain TGI Fridays from parent Carlson, Reuters news service has reported. TriArtisan, the private-equity division of New York-based investment bank Morgan Joseph, has reportedly partnered with Sentinel Capital Partners to buy the nearly 50-year-old Carrollton, Texas-based chain, sources told Reuters. Minneapolis-based Carlson said in November that it was reviewing strategic alternatives, including a ...
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Contact: Desiree Torres Desiree.Torres@penton.com