SPB Hospitality

SPB Hospitality
Company typePrivate
IndustryRestaurant
Founded2020; 4 years ago (2020) in Broomfield, Colorado
HeadquartersHouston, Texas
Key people
Josh Kern, (CEO)[1]
Jessica Hagler (CFO)
OwnerFortress Investment Group, Golden Child Holdings[2]
Number of employees
18,000
Websitehttps://www.spbhospitality.com/

SPB Hospitality is a multi-brand restaurant operator headquartered in Houston, Texas. The company owns several casual dining restaurant chain brands, including Logan's Roadhouse, Old Chicago Pizza + Taproom, J. Alexander's, Stoney River Steak House, Krystal Restaurants, Gordon Biersch Brewery Restaurants, and Rock Bottom Restaurants Breweries. As of November 2019, CraftWorks owned and operated over 390 restaurants in the United States,[3] but all of its owned-and-operated locations closed by March 2020, after a Chapter 11 bankruptcy followed immediately by the COVID-19 pandemic in the United States, and CraftWorks terminated its 18,000 employees, leaving fewer than 25 employed.[4] On June 12, 2020, SPB Hospitality purchased Craftworks businesses out of bankruptcy for $93 million.[5]

  1. ^ "Franchise Times". May 23, 2023.
  2. ^ "QSR Magazine". April 27, 2023.
  3. ^ "Craftworks Holdings". Nashville, Tennessee: Craftworks Holdings. Archived from the original on 2019-11-09. We operate a combined total of over 390 restaurants, brewery restaurants and entertainment venues, in 40 states across the US.
  4. ^ Coley, Ben. "CraftWorks Fires Nearly All Its Employees". FSR Magazine (web ed.). Journalistic, Inc. Retrieved 5 April 2020.
  5. ^ Lalley, Heather (June 12, 2020). "SPB Hospitality takes over former Craftworks restaurants". Restaurant Business. Retrieved 2020-07-15.