Private equity backers shut down The Alchemist bar chain | Money News Aitrend
Longtime private equity investors in The Alchemist, the popular downtown cocktail bar chain, are ending their ownership of the company. Sky News has learned that Palatine, who has owned The Alchemist since 2015, was working with advisers on an auction of the company. The Alchemist, which has weathered a difficult economic environment exacerbated by tax … Read more