The ONE Group is Named to Crain’s New York Business 2014 Fast 50
NEW YORK-- The ONE Group Hospitality, Inc. (“The ONE Group”) (OTCQB:STKS) today announced that it has been featured by Crain’s New York Business as one of New York’s 50 fastest growing companies as part of Crain’s Fast 50.
Crain’s Fast 50 serves as a spotlight for the fastest growing and innovative companies in New York that have demonstrated revenue growth in excess of 150% over the past three years. With revenue growth of 204% generated over the past three years, The ONE Group is the only restaurant and hospitality company to be named to the list.
“It is truly an honor to be highlighted by Crain’s New York Business as a “Fast 50” company and I would like to thank the entire ONE Group team whose dedication and professionalism made this achievement possible,” said Jonathan Segal, CEO of The ONE Group.
Segal continued, “The ONE Group was founded with the vision of being a global leader in the hospitality industry by combining a vibrant and high energy ambiance with innovative and great cuisine to create a best in class dining experience for our guests. We remain excited about our robust pipeline of superior growth opportunities that we are building for many years to come.”
Based in the Meatpacking district of New York City, The ONE Group currently operates seven STKs throughout the United States and London, as well as fourteen additional venues operated under food and beverage hospitality management agreements.
About The ONE Group
The ONE Group develops and operates upscale, high-energy restaurants and lounges and provides ONE Hospitality, a turn-key food and beverage service for hospitality venues including hotels, casinos and other high-end locations both nationally and internationally. The ONE Group’s primary restaurant brand is STK. STK is a unique steakhouse concept with locations in major metropolitan cities throughout the U.S. and in London. STK artfully blends two concepts, the modern steakhouse and a chic lounge, into one offering a high-energy, fine dining experience with the superior quality of a traditional steakhouse. STK Rebel offers the same vibe-driven steakhouse with a slightly broader menu targeting both lunch and dinner guests at a more accessible price point. Additional information about The ONE Group can be found at www.togrp.com.
Investors:
ICR
Don Duffy or Sheryl Freeman, 203-682-8200
Source: The ONE Group Hospitality, Inc.
Released October 15, 2014
