Greer Companies 44 restaurants

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Greer Companies 44 restaurants - overview

Location

Lexington, KY, US

Primary Industry

Travel & Leisure

About

Greer Companies operates a diverse portfolio of over 60 restaurants and hotel franchises, focusing on providing quality dining and accommodation experiences across the United States. Greer Companies specializes in the development and operation of hospitality and commercial real estate ventures. The firm is headquartered in Lexington, US, and has been involved in significant transactions, including the acquisition of 44 restaurants by Cheddar’s Scratch Kitchen in January 2017. The company was founded by experienced operators in the hospitality sector, although detailed information about the founder's previous ventures is not available.


Greer Companies specializes in the ownership and operation of over 60 full-service independent and national chain restaurants, as well as several fine casual dining establishments. They also operate as a franchisee for major hotel brands like Marriott, Hilton, and InterContinental, serving both leisure and business travelers across urban and suburban areas in the U. S. Greer Companies generates revenue through hospitality services and commercial real estate operations, primarily from food service sales, room bookings, and ancillary services within the hospitality sector.


Their financial model relies on competitive pricing and partnerships with major hotel chains to ensure a consistent income stream from their restaurant and hotel operations. Going forward, Greer Companies plans to expand its portfolio by exploring new markets and enhancing its restaurant offerings. Leveraging the insights gained from recent operational shifts, the company aims to identify key geographic regions for expansion and will utilize insights from its latest funding deal to support these initiatives. The acquisition of 44 restaurants by Cheddar’s Scratch Kitchen in 2017 reflects a strategic pivot to broaden its culinary reach and strengthen market presence.


Current Investors

Cheddar's Restaurants

Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Restaurants & Nightlife

Website

http://www.greercompanies.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Greer Companies 44 restaurants - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGreer Companies 44 restaurants-

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