J. Alexander’s Holdings, LLC
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J. Alexander’s Holdings, LLC - overview
Established
1991
Location
Nashville, TN, US
Primary Industry
Travel & Leisure
About
Founded in 1971 and based in Tennessee, US, J. Alexander’s Holdings, LLC operates as an American restaurant holding company. The company through its subsidiaries owns and manages casual dining restaurant chains, and was founded by Jack C. Massey, Earl Beasley, Jr.
, and John Neff, Jr as Volunteer Capital Corporation. In July 2021, SPB Hospitality LLC, a portfolio company of Fortress Investment Group, agreed to acquire J. Alexander’s Holdings, LLC from Newport Global Advisors for USD 220 million. As of 2021, J.
Alexanders operates around 46 restaurants in 16 different states across the US. J. Alexander’s operates a network of restaurants under its portfolio of brands including: Stoney River Steakhouse and Grill, Redlands Grill, Overland Park Grill, Merus Grill, LYNDHURST Grill, and J. Alexander’s.
The company's restaurant menu offers foods ranging from the prime rib of beef, steaks, fresh seafood, and sandwiches to entrée salads along with beverages (alcohol and non-alcohol). The company's website also allows customers to book tables, order food online, and buy gift cards (including e-gift cards) for its restaurants. In 2016, the company generated annual revenue of USD 304 million.
Current Investors
Fortress Investment Group, SPB Hospitality LLC
Primary Industry
Travel & Leisure
Sub Industries
Restaurants & Nightlife, Web Applications
Website
www.jalexanders.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
J. Alexander’s Holdings, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | J. Alexander’s Holdings, LLC | - | ||||||||
| Buyout | Completed | J. Alexander’s Holdings, LLC | - |
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