At what enterprise value was RED LOBSTER SEAFOOD acquired in 2014?

During the acquisition of RED LOBSTER SEAFOOD by GOLDEN GATE CAPITAL in 2014, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b USD.

What was the EV/EBITDA of RED LOBSTER SEAFOOD when it was acquired by GOLDEN GATE CAPITAL?

The estimated EV/EBITDA multiple for RED LOBSTER SEAFOOD is in the range of 5x - 12x.

When was RED LOBSTER SEAFOOD acquired by GOLDEN GATE CAPITAL?

RED LOBSTER SEAFOOD was acquired by GOLDEN GATE CAPITAL in 2014.

What was the revenue of RED LOBSTER SEAFOOD at the time of the deal?

The revenue of RED LOBSTER SEAFOOD at the time of the deal is estimated to be in the range of 1b - 3b USD.

What was the EBITDA of RED LOBSTER SEAFOOD during the acquisition?

RED LOBSTER SEAFOOD's EBITDA is estimated to be in the range of 150M - 250M USD.

How is the data for the RED LOBSTER SEAFOOD acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the RED LOBSTER SEAFOOD deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.prnewswire.com/news-releases/darden-announces-sale-of-red-lobster-to-golden-gate-capital-for-21-billion-259511991.html

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Home Database Retail & ConsumerRED LOBSTER SEAFOOD

07/2014

RED LOBSTER SEAFOOD acquired by GOLDEN GATE CAPITAL

UNITED STATES Hospitality & Leisure / Hospitality / Restaurants / Chains EV 1b - 4b USD

Context

Golden Gate Capital completed its acquisition of Red Lobster Seafood Co. from Darden Restaurants. The transaction followed a robust competitive process and closed on July 28, 2014, with Red Lobster transitioning to private ownership under Golden Gate. Darden pursued the divestiture to sharpen focus on higher-return opportunities like the Olive Garden renaissance, eliminate Red Lobster's volatility, and validate real estate valuations. For Golden Gate, the deal represented a platform investment in a brand with unparalleled awareness and leadership in casual seafood dining. The buyer committed to supporting CEO Kim Lopdrup's vision of delivering great seafood, people, and results through expansion and customer delight.

RED LOBSTER SEAFOOD, which reported an EBITDA margin of in 2014, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (11.0x).

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Target

Red Lobster Seafood Co. operates as a casual dining seafood restaurant chain headquartered in Orlando, Florida, United States. The company specializes in freshly prepared seafood dishes including shrimp, lobster, crab, fish, and shellfish served in a family-friendly environment. Founded in 1968, Red Lobster has established itself as an iconic brand with broad consumer recognition and a loyal customer base seeking value-oriented seafood experiences. Red Lobster occupies a unique niche within casual dining, focusing exclusively on seafood to differentiate from generalist competitors. Its positioning emphasizes approachable premium offerings, positioning it as a leader in the seafood sub-segment. The business model encompasses both company-operated and franchised locations, generating revenue primarily from restaurant sales with supplementary franchise royalties.

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Similar deals in Hospitality & Leisure

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12/2014	BRIDGEPOINT	AZZURRI GROUP	United Kingdom	Restaurants / Chains
11/2014	TPG	PREZZO	United Kingdom	Restaurants / Chains
06/2014	THE CARLYLE GROUP	HOMAIR VACANCES	FRANCE	Hotels & Accommodation
06/2014	HOMAIR VACANCES	EUROCAMP	UNITED KINGDOM	Hotels & Accommodation
06/2014	THE CARLYLE GROUP	EUROPEAN CAMPING GROUP (ECG)	FRANCE	Hotels & Accommodation
05/2014	BAIN CAPITAL	RETAIL ZOO	AUSTRALIA	Restaurants / Chains
01/2014	CARAVELLE	BELAMBRA CLUBS	FRANCE	Hotels & Accommodation
11/2013	3I	BASIC-FIT	NETHERLANDS	Hospitality
11/2013	CALEDONIA INVESTMENTS	PARK HOLIDAYS	UNITED KINGDOM	Hospitality
10/2013	VALEDO PARTNERS	JOE & THE JUICE	DENMARK	Restaurants / Chains

REFERENCES

Valuation range: EV 1b - 4b USD

Revenue range: 1b - 3b USD

EBITDA range: 150M - 250M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of RED LOBSTER SEAFOOD by GOLDEN GATE CAPITAL are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: red lobster seafood

Acquirer: golden gate capital