Pret A Manger
PE-OwnedJAB Holding (majority) and Bridgepoint acquired Pret A Manger in 2018 for £1.5B, with General Atlantic as a minority investor. The pandemic decimated Pret's office-location model and led to 2,800+ layoffs in 2020. General Atlantic helped recapitalize the business.
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Ownership Information
Pret A Manger is owned by General Atlantic. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
1983
Pret A Manger founded
2018
Acquired by General Atlantic for £1.5B
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