Red Lobster Hospitality, LLC is an American casual dining restaurant chain headquartered in Orlando, Florida. The company has operations across most of the United States (including Puerto Rico), and Canada, as well as in Ecuador, Japan, Mexico, and Thailand. Golden Gate Capital was Red Lobster's parent company after it was acquired from Darden Restaurants on July 28, 2014. Seafood supplier Thai Union acquired a 25 percent stake in the company in 2016 for a reported $575 million and in 2020 purchased the remaining portion from GGC.
In May 2024, Red Lobster closed at least 99 of its restaurants and then filed for Chapter 11 bankruptcy protection after securing over $100 million in financing commitments from its lenders. The company has also entered a stalking horse agreement to sell itself and have its lenders manage it.
On September 5, 2024, a court approved Red Lobster's bankruptcy plan. RL Investor Holdings, a private group of investors consisted of TCW Private Credit, Blue Torch and funds managed by Fortress Investment Group, acquired the company after court approval on September 16. Red Lobster officially exited Chapter 11 bankruptcy that day
Opinion Article: 'Sovereignty is a right that is conquered' Peru
Peru has given the world a lesson by demonstrating that the defense of the sea is not merely declared: it is exercised. Our country has become an international benchmark regarding the highest standard...
Russia Dominates Global Pacific Salmon Production in 2025 Russia Fed.
Scientific Oversight Fuels Catch of Over 335,000 Tonnes, Significantly Outpacing the US and Japan
Russia has cemented its position as the world leader in Pacific salmon production, concluding a remar...
Copyright 1995 - 2025 Seafood Media Group Ltd.| All Rights Reserved. DISCLAIMER