OSI Restaurant Partners
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OSI Restaurant Partners
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| Type | Private |
|---|---|
| Industry | Restaurant |
| Founded | August 1987 Tampa, Florida, U.S. |
| Founder(s) | Robert D. Basham Chris T. Sullivan Trudy Cooper J. Timothy Gannon |
| Headquarters | 2202 North West Shore Boulevard, Suite 500 Tampa, Florida, U.S. 33607 |
| Number of locations | 1,443 restaurants (2011) |
| Area served | Worldwide |
| Key people | Elizabeth A. Smith (CEO/Chairman) Dirk A. Montgomery (CFO/EVP) |
| Employees | 96,000 (2011) |
| Parent | Kangaroo Holdings, Inc. |
| Subsidiaries | Outback Steakhouse Carrabba's Italian Grill Bonefish Grill Fleming's Prime Steakhouse & Wine Bar Roy's |
| Website | osirestaurantpartners.com |
| References: [1] | |
OSI Restaurant Partners, LLC is a hospitality industry company that owns several American casual dining restaurant chains. The company was established in 1987 in Tampa, Florida where the company still maintains its headquarters.[1]
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Contents
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History
The company was founded in August 1987. By 1990, they had changed their name to Outback Steakhouse, Inc..[1]
On November 7, 2006, The Wall Street Journal reported that Bain Capital, Catterton Partners and founders Sullivan, Basham, and Gannon (collectively referred to as Kangaroo Holdings, Inc.), had reached an agreement to buy OSI Restaurant Partners Inc. for about $3 billion. [2]
Restaurant chains
As of 2012, chains that the company owns and/or operate include:
- Bonefish Grill
- Carrabba's Italian Grill
- Fleming's Prime Steakhouse & Wine Bar
- Outback Steakhouse
- Roy's
The company formerly held the Cheeseburger in Paradise and Lee Roy Selmon's restaurant concepts. OSI was also the founder of the now defunct Blue Coral Seafood & Spirits. Prior to the company becoming OSI Restaurant Partners, LLC, Outback Steakhouse Inc. operated the Paul Lee's Chinese Kitchen and Zazarac brands.[3][4]
Charitable contributions
In 2001, OSI Restaurant Partners and other national restaurants helped to raise $18 million for Dine Out for America for Victims of 9/11.[5]
Political contributions
The company is a major contributor to the Republican Party federal candidates via the OSI Restaurant Partners PAC (formerly the Outback Steakhouse PAC). The OSI Restaurant Partners PAC is one of the largest donors in the food and beverage sector, second only to the National Restaurant Association. In the 2008 election cycle, the company contributed $376,500 toward the Republican Party versus $72,000 toward the Democratic Party.[6] The 2004 election cycle saw contributions of $418,500 toward the republican candidates and $10,000 toward the democratic candidates.[7]
See also
References
- ^ a b c OSI Restaurant Partners, LLC (December 31, 2011). "FY 2011 10-K". U.S. Securities and Exchange Commission. http://sec.gov/Archives/edgar/data/874691/000087469112000017/osi-123111_10xk.htm. Retrieved April 14, 2012.
- ^ Janet Adamy (November 7, 2006). "Outback Steakhouse Owner OSI Agrees to $3 Billion Buyout Deal". Wall Street Journal. http://online.wsj.com/article/SB116283201503214558.html. Retrieved April 15, 2012.
- ^ Howard Seftel (October 21, 2004). "Paul Lee's Chinese Kitchen". The Arizona Republic. http://www.azcentral.com/ent/dining/articles/1021taste21.html. Retrieved April 15, 2012.
- ^ Chris Sherman (July 24, 2001). "Outback puts lid on Zazarac in Tampa". St. Petersburg Times. http://www.sptimes.com/News/072401/Business/Outback_puts_lid_on_Z.shtml. Retrieved April 15, 2012.
- ^ "Inside the company, History" (PDF). OSI Restaurant Partners, LLC. http://www.osirestaurantpartners.com/PDFs/OSI_history.pdf. Retrieved April 14, 2012.
- ^ "Food & Beverage PAC Contributions to Federal Candidates, Election Cycle 2008". The Center for Responsive Politics. http://www.opensecrets.org/pacs/industry.php?txt=N01&cycle=2008. Retrieved April 14, 2012.
- ^ "Food & Beverage PAC Contributions to Federal Candidates, Election Cycle 2004". The Center for Responsive Politics. http://www.opensecrets.org/pacs/industry.asp?txt=N01&cycle=2004. Retrieved April 14, 2012.
External links
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