August 27, 2014 5:13 PM ET

Hotels, Restaurants and Leisure

Company Overview of TGI Friday's Inc.

Company Overview

TGI Friday's Inc. owns and operates a chain of restaurants in the United States and internationally. It offers handcrafted cocktails and wines; and crafts, drafts, and bottles. The company also provides signature appetizers, starters, sizzling and main entrées, handcrafted burgers, salads, soups and side salads, desserts, lunch, and kids menu. In addition, it franchise services to operate its restaurants. TGI Friday's Inc. was founded in 1965 and is based in Carrollton, Texas. TGI Friday's Inc. operates as a subsidiary of Carlson Companies, Inc.

4201 Marsh Lane

Carrollton, TX 75007

United States

Founded in 1965

Phone:

972-662-5400

Fax:

972-307-2822

Key Executives for TGI Friday's Inc.

President
Chief Executive Officer of Carlson Restaurants World and President of Carlson Restaurants World
Age: 62
Chief Executive Officer of Carlson Restaurants Worldwide Inc. and President of Carlson Restaurants Worldwide Inc.
Age: 55
President of Carlson Restaurants Worldwide Inc. and Chief Operating Officer of Carlson Restaurants Worldwide Inc.
Chief Marketing Officer and Senior Vice President
Compensation as of Fiscal Year 2014.

TGI Friday's Inc. Key Developments

TGI Friday Reportedly Mulls Sale Of British Outlets

Sentinel Capital Partners, L.L.C. and Tri-Artisan Capital Partners, LLC are in the early stages of considering a sale of TGI Friday's Inc.'s British arm. Sentinel Capital and TriArtisan Partners are looking to offload TGI in Britain where it has more than 60 restaurants. It is believed that Sentinel Capital and TriArtisan have held a beauty parade of banks to lead a potential sale and are likely to appoint advisers in the coming weeks.

TGI Friday's Adds Bacon Ranch Flavor to Popular Potato Skins Snack Chip Line

TGI Friday's Bacon Ranch is the latest variety to join the brand's restaurant-inspired Potato Skins line, licensed by Inventure Foods Inc. The new snack chip is currently available in convenience stores and vending machines nationwide. Bacon Ranch Potato Skins are made from real potatoes and use dual sheeting technology to create a dark side and a light side, just like real potato skins. The chips are seasoned with the perfect combination of savory bacon and zesty ranch to create a hearty and satisfying snack chip. The suggested retail prices per 1.75-ounce and 3-ounce bags are $1.00 and $1.99 to $2.19, respectively. Potato Skins are also available in Cheddar Bacon, Sour Cream & Onion, Cheddar Sour Cream, Jalapeno Cheddar and Chili Cheese. In addition to Potato Skins, snack line staples include Cheddar Cheese Crunchy Fries, Onion Rings and Mozzarella Sticks.

TGI Friday and Cosmo Announces Expansion Plans

Hammerson has signed TGI Friday âE ™s and Cosmo as the latest restaurants to join its £20 million leisure extension of Silverburn in Glasgow. TGI FridayâE™s is to open a 6,800 sq ft restaurant alongside CosmoâE™s 9,900 sq ft pan-Asian restaurant. Both have agreed 15-year leases and will open in the new leisure extension in late autumn. TGI FridayâE™s and Cosmo will join recently announced brands Zizzi and Pizza Express in the 100,000 sq ft leisure development. It will be anchored by a 50,000 sq ft, 14-screen Cineworld cinema.

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Recent Private Companies Transactions

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Date
Target
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May 20, 2014
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