Peachtree Group, an Atlanta-headquartered investment management firm, has launched a restaurant management division.
The new division will be led by Daniel Puglisi, senior vice president of corporate operations for hospitality management, and will focus on operating quick-service restaurants, starting with coffee shops. According to Peachtree Group, the new division expands its focus on the hospitality industry, which began in a partnership with AdventHealth and the launching of a Starbucks location in its AdventHealth Orlando hospital.
Peachtree Group is in discussions with other coffee franchise offerings and aims to extend its reach to high profile or high demand markets with a portfolio of high-profile quick-service coffee shop locations nationwide. The new division will also oversee all new and existing restaurant locations not within its own portfolio of hotels.
“Since our founding in 2007, we have consistently grown by identifying inefficient markets and capitalizing on them to achieve strong returns and build sustainable businesses,” said Greg Friedman, Peachtree Group’s managing principal and CEO. “The expansion into restaurants from our existing hospitality management capabilities was a natural evolution. Our partnership with AdventHealth marks a significant milestone as we look to replicate this successful model across their network and other captive locations.”
Photo: Peachtree Group hosts the grand opening of its first Starbucks location at AdventHealth Orlando, one of the nation’s largest hospitals. From left to right: Nikki Garcia (food and beverage manager, Peachtree Group), Ashleigh DeOtis (Starbucks store manager, Peachtree Group), Rob Deininger (CEO of AdventHealth Orlando) and Dan Puglisi (senior vice president, Peachtree Group).
;
