SPB Hospitality acquires Amada and Village Whiskey to expand its restaurant portfolio
Acquiring Company
SPB Hospitality
Acquired Company
Ideation Hospitality
HoustonCovingtonFood and BeverageCommerce And ShoppingSportsTravel And TourismFood And BeverageRestaurantsFood and BeverageHospitalityHotelDescription
SPB Hospitality, a portfolio company owned by affiliates of Fortress Investment Group, has acquired the iconic Amada and Village Whiskey brands from Ideation Hospitality. With a focus on national expansion, SPB Hospitality aims to leverage the strength of concept and outstanding culinary offerings of these brands to enhance its presence and diversify its restaurant portfolio.
Quick answer
SPB Hospitality is acquiring Ideation Hospitality, announced July 31, 2024. SPB Hospitality is based in Houston, Texas, United States.
- How much did SPB Hospitality pay for Ideation Hospitality?
- The deal value was not disclosed.
- What does SPB Hospitality do?
- SPB Hospitality is a leading operator and franchisor of full-service dining restaurants, spanning a national footprint of hundreds of restaurants and breweries in 38 states and the District of Columbia.
- Where are SPB Hospitality and Ideation Hospitality based?
- SPB Hospitality is based in Houston, Texas, United States. Ideation Hospitality is based in Covington, Louisiana, United States.
- Who are the decision-makers at SPB Hospitality?
- Fundz holds 1 contact at SPB Hospitality. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Darden Restaurants to Acquire Chuy's Holdings, Inc. to Expand Restaurant Portfolio (July 17, 2024)
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- Caesars Entertainment, Inc. Completes Acquisition of Michigan iGaming Operations from Wynn Resorts (June 18, 2024)
Who to call at SPB Hospitality, and when
When SPB Hospitality changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Ideation Hospitality?
Ideation Hospitality was acquired by SPB Hospitality, based in Houston. The deal was reported on July 31, 2024. SPB Hospitality is a leading operator and franchisor of full-service dining restaurants, spanning a national footprint of hundreds of restaurants and breweries in 38 states and the District of Columbia. SPB Hospitality is privately held and operates in Food and Beverage.
When did SPB Hospitality acquire Ideation Hospitality?
SPB Hospitality's acquisition of Ideation Hospitality was reported on July 31, 2024. SPB Hospitality, a portfolio company owned by affiliates of Fortress Investment Group, has acquired the iconic Amada and Village Whiskey brands from Ideation Hospitality. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ideation Hospitality do?
It is privately held, operating in Food and Beverage, and is based in Covington.
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