Franchise Group Inc. (FRG)
The Vitamin Shoppe Acquired by 2 Private Equity Firms
On April 16, private equity firms Kingswood Capital Management and Performance Investment Partners (PIP) entered a definitive agreement to acquire The Vitamin Shoppe (Secaucus, NJ) from Franchise Group Inc. (FRG). On Nov. 3, 2024, FRG filed for Chapter 11 bankruptcy and began a restructuring of its holding operations including the liquidation of American Freight. However, ...
The Vitamin Shoppe’s Parent Company Files for Bankruptcy, Business Remains Strong
On Nov. 3, Franchise Group Inc. (FRG, Delaware, OH), the holding company for retail brands American Freight, Buddy’s Home Furnishings, The Vitamin Shoppe and Pet Supplies Plus, filed for Chapter 11 bankruptcy. As per the bankruptcy filing, FRG is currently undergoing a restructuring plan, but will continue operating Buddy’s Home Furnishings, The Vitamin Shoppe and ...
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