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International Business Times
International Business Times
Business

Denny's Announces $620 Million Take-Private Deal With TriArtisan-Led Group

Denny Kelli Valade TGI Fridays
A view of a Denny's restaurant on February 14, 2025 in Hayward, California. Restaurant chain Denny's announced plans to close up to 90 underperforming restaurants in 2025.

Denny's announced Monday that it will be acquired by a group led by TriArtisan Capital Advisors, the owner of TGI Fridays, in a $620 million take-private deal, including debt.

The partnership also features Treville Capital, an investment firm, along with Yadav Enterprises, which operates as one of the biggest franchise owners within the Denny's network.

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