Tasti-D-Lite
Private Equity-owned Companies in Times Square
630 9th Ave.; 1588 Broadway
Private equity owner: SPG Partners
Deal announced: 2007
Proposed value: n/a
Employees: n/a
Sex And The City fans probably know that Tasti-D-Lite was one of the Manhattan hot spots frequented by Carrie and her friends. But did you also know that the headquarters of this frozen dessert chain is set to move far away from the Big Apple—all the way to Tennessee? Purchased earlier this year by SPG Partners—which also owns a wireless network, a crane manufacturer and a concrete maker—the new CEO has decided to move Tasti-D-Lite’s base to Cool Springs, Tennessee. His plan is to turn the brand into a “mega franchise.” Employees we talked to earned between $8-$9 an hour. One said the best thing about the job was that actresses Amanda Bynes and Cameron Diaz ate there.
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