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Tailwind Hospitality, Inc. acquires Oakwells and multiple F&B concessions from Kind Hospitality

RECENTLY ACQUIREDSep 10, 2024

Acquiring Company

Tailwind Hospitality

Acquired Company

Oakwells

WilmingtonWinter ParkFood And BeverageHospitalityTravelTransportationHospitalityTravel

Description

Tailwind Hospitality, Inc. (dba 'Tailwind Concessions'), headquartered in Wilmington, North Carolina, solidifies its position as a leading operator in small and mid-size airports in North America through the acquisition of Oakwells, a regional airport and train station concessionaire based in Winter Park, Florida, along with the acquisition of four food and beverage concessions at Phoenix-Mesa Gateway Airport from Kind Hospitality.

Quick answer

Tailwind Hospitality is acquiring Oakwells, announced September 10, 2024. Tailwind Hospitality is based in Wilmington, North Carolina, United States.

How much did Tailwind Hospitality pay for Oakwells?
The deal value was not disclosed.
What does Tailwind Hospitality do?
Tailwind Hospitality, Inc. is a leading airport concessionaire specializing in operating full-service restaurants, bars, retail and gift shops predominantly in non-hub, primary and regional airports located throughout..
Where are Tailwind Hospitality and Oakwells based?
Tailwind Hospitality is based in Wilmington, North Carolina, United States. Oakwells is based in Winter Park, Florida, United States.
Who are the decision-makers at Tailwind Hospitality?
Fundz holds 1 contact at Tailwind Hospitality. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Tailwind Hospitality

Location

Wilmington, North Carolina, United States

About

Tailwind Hospitality, Inc. is a leading airport concessionaire specializing in operating full-service restaurants, bars, retail and gift shops predominantly in non-hub, primary and regional airports located throughout the United States. The Company currently has operations at nearly 60 airports comprising over 160 revenue centers, and in the majority of locations, is the sole and exclusive concessionaire serving a captive audience with minimal to no alternatives. Tailwind has focused on developing unique, location-specific venues at each of its airports, adapting to local culture, tastes and needs, rather than implementing a single generic brand. Tailwind's primary focus on the regional airport market combined with a highly variable cost structure allow the Company to remain profitable during a variety of passenger traffic levels.

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Frequently asked

Who acquired Oakwells?

Oakwells was acquired by Tailwind Hospitality, based in Wilmington. The deal was reported on September 10, 2024. Tailwind Hospitality, Inc. Tailwind Hospitality is privately held and operates in Food And Beverage.

When did Tailwind Hospitality acquire Oakwells?

Tailwind Hospitality's acquisition of Oakwells was reported on September 10, 2024. Tailwind Hospitality, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Oakwells do?

Oakwells is a regional airport and train station concessionaire founded in 2004. It is privately held, operating in Transportation, and is based in Winter Park.

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