GLD Partners Completes Acquisition of Tarfeeh

RIYADH: SEDCO Holding, one of the largest family-owned investment groups in Saudi Arabia, has sold Arabian Entertainment Co. to US-based alternative investment management firm, GLD Partners LP. AEC is the local franchisee for Applebee’s Neighborhood Grill + Bar, one of the world’s largest casual dining brands. It operates 17 casual dining restaurants throughout the Kingdom. […]