GBB Hospitality Group LLC
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GBB Hospitality Group LLC - overview
Established
2012
Location
-, TX, US
Primary Industry
Food
About
Based in Texas, US, and founded in 2012 by its CEO, Jimmy Loup, GBB Hospitality Group LLC, trading as Grub Burger Bar, operates as a fast-casual restaurant that offers food, drinks, and hospitality service. In January 2022, Hopdoddy Burger Bar, Inc. , a portfolio company of L. Catterton, agreed to acquire GBB Hospitality Group LLC.
As of February 2022, the company operates 18 restaurants across Florida, Georgia, Louisiana, and Texas. GBB Hospitality Group LLC, offers chef-driven burgers and sandwiches, handcrafted shakes, vegetarian options, scratch kitchen, and full-service bars with craft cocktails, alongside a wide variety of draft beer and wine. The company offers the Grub Love by Grub application that allows ordering online, purchasing digital gift cards, finding Grub locations while traveling, and scanning receipts to rack up points for free Grub. The application is supported on Android and iOS devices.
Following the acquisition, GBB Hospitality Group LLC will merge with Hopdoddy Burger Bar, Inc. , a portfolio company of L. Catterton, to form HiBar Hospitality Group, which will serve as a combined ownership entity for both companies.
Primary Industry
Food
Sub Industries
Alcoholic Beverages, Snack Foods, Restaurants & Nightlife, Web Applications
Website
www.grubkitchenandbar.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
GBB Hospitality Group LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Announced | GBB Hospitality Group LLC, Hopdoddy Burger Bar, Inc. | - | ||||||||
| Add-on | Announced | GBB Hospitality Group LLC | - |
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