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Will IPO bound Barbeque Nation deliver on CX Partners’ eight-year bet?

By Ankit Agarwal

  • 22 Mar 2021
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Will IPO bound Barbeque Nation deliver on CX Partners’ eight-year bet?
Credit: 123RF.com

Homegrown private equity firm CX Partners is sitting on 2.8x returns from its eight-year investment in casual dining chain Barbeque Nation whose initial public offering (IPO) opens on Wednesday. In terms of internal rate of returns, the investor is sitting on about 14% internal rate of return (IRR), shows a VCCircle ......

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