Hostmore plc to acquire TGI Fridays, creating TGI Fridays plc for continued global growth
Acquiring Company
Hostmore
Acquired Company
TGI Fridays
United Kingdom
DallasFood and BeverageHospitalityHotelFood and BeverageDescription
Hostmore plc, the largest global franchisee of TGI Fridays, has reached an agreement for a proposed all-share acquisition of TGI Fridays. The transaction is expected to create a new combined entity, TGI Fridays plc, listed on the London Stock Exchange, and aims to provide operational and financial flexibility, increased scale, and continued revenue growth for the brand.
Quick answer
Hostmore is acquiring TGI Fridays, announced April 16, 2024. Hostmore is based in United Kingdom.
- How much did Hostmore pay for TGI Fridays?
- The deal value was not disclosed.
- What does Hostmore do?
- Hostmore plc is a United Kingdom-based company that is engaged in hospitality businesses.
- Where are Hostmore and TGI Fridays based?
- Hostmore is based in United Kingdom. TGI Fridays is based in Dallas, Texas, United States.
- Who are the decision-makers at Hostmore?
- Fundz holds 1 contact at Hostmore. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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When Hostmore changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired TGI Fridays?
TGI Fridays was acquired by Hostmore, based in United Kingdom. The deal was reported on April 16, 2024. Hostmore plc is a United Kingdom-based company that is engaged in hospitality businesses. The Company is a casual dining franchise of an American-themed restaurant chain concept with a city-based cocktail bar. Hostmore is privately held and operates in Food and Beverage.
When did Hostmore acquire TGI Fridays?
Hostmore's acquisition of TGI Fridays was reported on April 16, 2024. Hostmore plc, the largest global franchisee of TGI Fridays, has reached an agreement for a proposed all-share acquisition of TGI Fridays. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does TGI Fridays do?
TGI Fridays® is the birthplace of fun, freedom, and celebration, bringing people together to socialize and experience "That Fridays Feeling™" – a sense of celebrating the fun in everyday moments, big and small. It is privately held, operating in Food and Beverage, and is based in Dallas.
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