ITA Group Holdings LLC

Based in the US, ITA Group Holdings LLC operates as a multifaceted entity focusing on the restaurant sector, particularly through its well-known brand, The Greene Turtle. ITA Group Holdings LLC, founded in 1976, operates The Greene Turtle, a sports bar and restaurant chain. Headquartered in the United States, the company has completed 4 deals, with the most recent funding round occurring on October 4, 2023. In this round, Table Management invested USD 600.

00 mn, which is the total amount raised. Geo Concepcion serves as the CEO of the firm. The Greene Turtle primarily operates as a sports bar and restaurant chain, offering a diverse menu that includes classic American fare, craft beers, and unique culinary collaborations. Their core product offerings encompass a range of food and beverage items designed to cater to families, sports enthusiasts, and social gatherings.

Menu highlights include appetizers, entrees, desserts, and special meal deals, along with catering services for larger events. The company targets various geographical markets across Maryland, Virginia, Delaware, West Virginia, Washington D. C. , New York, and New Jersey, serving a broad customer base that includes local residents and visitors seeking a casual dining experience paired with sports entertainment.

The Greene Turtle emphasizes community engagement and aims to provide an inviting atmosphere where customers can enjoy food and sports in a relaxed setting. The revenue model for The Greene Turtle is predominantly driven by direct-to-consumer transactions, primarily through in-restaurant dining and takeout services. Customers place orders from a varied menu, which includes meal deals and seasonal offerings, and transactions typically occur at the point of sale within the restaurant. Additionally, The Greene Turtle generates revenue through its Turtle Rewards program, incentivizing repeat business by offering exclusive deals and discounts to loyal customers.

The company's catering services further augment revenue, allowing clients to order large quantities of food for events. Specific pricing for individual menu items and catering services is set to attract a wide demographic, ensuring accessibility while maintaining a focus on quality and customer satisfaction. The Greene Turtle's approach positions it as a competitive player in the casual dining sector within its operational regions. In October 2023, Table Management invested USD 600.

00 mn in ITA Group Holdings LLC, with the investment aimed at expanding the franchise footprint and accelerating growth. The company plans to explore new markets and geographic regions for expansion, although specific locations have not been disclosed. The new funding will be utilized to support these initiatives, enhancing the company's operational and marketing capabilities.