Union Square Hospitality Group, LLC

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Union Square Hospitality Group, LLC - overview

Established

1985

Location

New York, NY, US

Primary Industry

Travel & Leisure

About

Union Square Hospitality Group is a US-based company specializing in innovative culinary experiences and restaurant management solutions within the hospitality industry. Founded in 1985 in New York, Union Square Hospitality Group delivers restaurant management and unique dining concepts. The company’s founders are Danny Meyer and Suzanne Flenard. Chip Wade serves as the current CEO.


In December 2012, Leonard Green & Partners acquired a 39. 5% minority stake in Union Square Hospitality Group, details of which were not disclosed. As of 2012, the company had completed one deal. Union Square Hospitality Group specializes in offering a range of innovative culinary experiences and services catering primarily to the hospitality industry.


Their core offerings include restaurant management solutions, unique dining concepts, and event catering services designed to enhance operational efficiencies and improve customer satisfaction. The company primarily serves individual diners and corporate clients in major urban centers, such as New York City, San Francisco, and Chicago, known for their vibrant food scenes. The company's revenue model is structured around service contracts, event partnerships, and direct consumer sales. Transactions occur through engagements with restaurants and corporate clients for dining events or restaurant management.


Pricing reflects the premium nature of their services, with costs varying based on scale, customization, and service type. Large-scale events may include comprehensive packages covering catering, staffing, and event design, while smaller engagements focus on specific culinary offerings or consulting services tailored to restaurant operations. This diversified approach enables the company to maintain multiple revenue streams across various hospitality sectors. Union Square Hospitality Group aims to enhance its offerings by launching new culinary experiences designed for upcoming market trends, with specific release dates yet to be announced.


The company plans to expand its services into new geographic regions, specifically targeting additional major urban centers by 2025. The recent investment from Leonard Green & Partners will support these initiatives, providing the necessary funds for product development and market expansion following their investment in December 2012.


Current Investors

Leonard Green & Partners

Primary Industry

Travel & Leisure

Sub Industries

Consulting Services, Hospitality Services, Restaurants & Nightlife

Website

www.ushgnyc.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Union Square Hospitality Group, LLC - 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)
GrowthCompletedUnion Square Hospitality Group, LLC-

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