TL;DR
Jordan Hospitality Group has become Donatos Pizza's largest traditional franchise partner with 21 units. The acquisition was made along with partner 22 Ventures, a private investment firm co-founded by Michael Redd.
Jordan Hospitality Group (JHG) has just become Donatos Pizza’s largest traditional franchise partner and largest minority-owned franchisee. The Columbus, Ohio-based operator is taking over all 21 of Donatos’ restaurants in the Indianapolis market.
JHG made the acquisition along with partner 22 Ventures, a private investment firm co-founded by former NBA and Ohio State basketball star Michael Redd.
“We’re on a mission to be one of the exceptional players in experiential dining,” said JHG CEO Ron Jordan. “But it’s more than just building restaurants. We’re creating experiences that thrill our guests. My inspiration to grow to be the best stems from the commitment I made to my grandparents years ago to create generational wealth for my family and future generations of not only Jordans, but for the people our company employs.”
Jordan has been at the helm of his family’s long-standing business since 2015 and has transformed ownership of a single QSR restaurant into JHG.
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In this story
This story was originally published by Kerry Pipes in Franchising.com on January 19, 2022. Burnaze summarizes and links to the original reporting.
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