TriArtisan Capital Advisors

Dallas — Ray Blanchette, chief executive officer of TGI Fridays, is stepping down. Rohit Manocha, chairman of the board and co-founder of TriArtisan Capital Advisors, will be assuming Blanchette’s responsibilities in the interim. The TGI Fridays executive team will report directly to Manocha. Blanchette led TGI Fridays for the past 5 years, managing the company through a successful turnaround that included both national and global growth as well as through the turbulent impacts around the COVID-19 pandemic. TriArtisan is the lead investor in TGI Fridays with extensive holdings in the …

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Tampa Bay, Fla., New York City and Atlanta — Nord Bay Capital and its advisor TriArtisan Capital Advisors LLC have closed on a transaction to acquire Hooters of America, LLC from H.I.G. Capital, Chanticleer Holdings and other investors. Financial terms of the deal were not disclosed. As part of the transaction, the selling entities will each retain a stake in the company. “The partnership with Nord Bay and TriArtisan comes at an ideal time for the company, bringing fresh partners with complementary skills and experience to support our next phase …

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