HiBar Hospitality Group

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HiBar Hospitality Group - overview

Established

2022

Location

Austin, TX, US

Primary Industry

Food

About

Based in Texas, US, and founded in 2022, iBar Hospitality Group operates as a combined ownership entity of Hopdoddy Burger Bar, Inc. and GBB Hospitality Group LLC offering food, beverages, and drinks. As of February 2022, the company Hopdoddy Burger Bar, Inc. CEO Jeff Chandler.


HiBar Hospitality Group offers chef-driven burgers and sandwiches, handcrafted shakes, fries, salads, scratch kitchen, and full-service bars with craft cocktails, other alcoholic beverages alongside a wide variety of draft beer and wine. Following the merger, HiBar Hospitality Group intends to capitalize on complementary capabilities while expanding into new markets.


Primary Industry

Food

Sub Industries

Alcoholic Beverages, Snack Foods, Restaurants & Nightlife

Website

www.hibarhospitality.com

Total Amount Raised

Subscriber access only

HiBar Hospitality Group - 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)
MergerAnnouncedGBB Hospitality Group LLC, Hopdoddy Burger Bar, Inc.-

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