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Peltz investor group forms for potential Wendy’s take-private bid

The consortium is reportedly being assembled by Nelson Peltz’s Trian Fund Management as it weighs a potential deal structure to take the company private.

Reported · Written up by our desk · Fund Industry

Nelson Peltz’s activist firm, Trian Fund Management, is reportedly assembling a group of investors to pursue a potential take-private transaction for Wendy’s, according to a report cited by Hedgeweek from Reuters.

The plan, as described by a person familiar with the matter, involves building a consortium that could back a buyout approach for the restaurant operator.

Reuters, as referenced in the Hedgeweek write-up, did not provide additional deal terms or timing in the available summary, but framed the effort as an investor-group assembly tied to the possibility of taking Wendy’s private.

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