Tailwind Hospitality, Inc.
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Tailwind Hospitality, Inc. - overview
Established
2001
Location
Wilmington, NC, US
Primary Industry
Commercial Property
About
Tailwind MC LLC specializes in providing food, beverage, and retail services primarily in airport and transit station environments, catering to the needs of travelers seeking quality conveniences. Founded in 2001 in Wilmington, US, Tailwind MC LLC operates in the airport concession sector, providing comprehensive food and retail services. The CEO is Jeff Switzer. In November 2021, Palladin Consumer Retail Partners invested in the company, enhancing its business operations.
Tailwind Airport Concession specializes in providing a comprehensive range of food, beverage, and retail services primarily within airport and transit station environments. The company operates full-service restaurants, bars, vending operations, and catering services that cater to travelers seeking convenient and quality dining options. Their menus feature a variety of offerings, including local favorites for breakfast, lunch, and dinner, alongside an extensive selection of local beers and wines. Additionally, the retail segment offers merchandise such as travel accessories, health and beauty products, toys, and locally themed gifts, aimed at enhancing the travel experience.
Tailwind serves a diverse clientele, including individual travelers and groups, while operating in multiple geographical markets across the United States, specifically targeting high-traffic airport and transit locations to maximize customer reach. Tailwind Airport Concession generates revenue through direct sales of food, beverages, and retail merchandise in their airport and transit station outlets. The transactions typically occur at point-of-sale locations where customers purchase meals, drinks, and various travel-related products. Tailwind's business model includes B2B partnerships with airports and transit authorities, allowing them to establish a presence in prime locations, while also engaging in direct-to-consumer sales.
Pricing structures for the services provided are reflective of the airport retail environment, often aligning with industry standards for similar offerings in terms of quality and convenience. The company’s flagship services involve not only food and beverage sales but also catering events within the airport, creating a multifaceted revenue stream that caters to both individual travelers and corporate clients. In January 2026, Crestview Partners and Altitude X, along with the company's management, acquired Tailwind Hospitality, Inc. from Palladin Consumer Retail Partners.
The company aims to expand into new markets across the United States to better serve business and leisure travelers, though specific regions and timelines for this expansion have not been disclosed. The recent funding will support these initiatives, maximizing services and enhancing customer experiences across their operational venues.
Current Investors
Palladin Consumer Retail Partners
Primary Industry
Commercial Property
Sub Industries
Business Support Services, Commercial Property
Website
www.tailwindconcessions.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Tailwind Hospitality, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Tailwind Hospitality, Inc. | - | ||||||||
| Growth | Completed | Tailwind Hospitality, Inc. | - | ||||||||
| Add-on | Completed | Air Host, Inc. | - |
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Tailwind Hospitality, Inc. - employee data


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