Private equity takes over bagel industry
The bagel’s stock is, apparently, rising — literally. Private equity investors have decided, apparently en masse, that bagels are the new frontier for expansion. A fund called Stripe invested $8 million into PopUp Bagels shortly after the trendy bagel shop, which hawks “rip and dip” bagels, first opened in 2023. A year later, they added... The post What the private equity takeover means for the bagel industry appeared first on The Forward.