✉news CultureFilm first seen 1 d ago, last 1 d ago, peak #2

Private equity moves into mom-and-pop restaurants

Original: “It is like the reverse of a Hallmark movie, where this evil, shapeless entity comes over and takes over your hometown restaurant.” Deep-pocketed private equity groups are investing in mom-and-pop food businesses, giving them a shot at big success. But man

Private equity firms are increasingly investing in small, family-owned food businesses, offering them capital and a shot at nationwide success. Critics compare the trend to a dark Hallmark movie, warning that big-money investors could strip beloved hometown eateries of the character that made them local institutions.

Why now: Growing concern that private equity money buying into small local restaurants could erode their character and independence.

private equity firmsmom-and-pop restaurants

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• “It is like the reverse of a Hallmark movie, where this evil, shapeless entity comes over and takes over your hometown restaurant.” Deep-pocketed private equity groups are investing in mom-and-pop food businesses, giving them a shot at big success. But man · Facebook

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