Tavistock Group Aquires E-Brands
March 18, 2011Industry News
Tavistock Group has acquired E-Brands Restaurants, a multi-concept restaurant company that operates Timpano Chophouse and Martini Bar, AquaKnox, and Taqueria Canonita. E-Brands Restaurants sold its brands and seven restaurant locations to the Orlando, Florida-based private investment company after filing for bankruptcy last summer. “We continue to look for undervalued assets across the U.S. that can benefit from Tavistock Group’s resources and reach,” says Barry Goff, managing director of diversified acquisitions for Tavistock Group. “We believe we can drive significant value and results from these restaurants and locations.” Timpano, an Italian chophouse concept serving dry aged steaks, chops, and veal in an elegant supper club atmosphere, has four locations in Orlando, Ft. Lauderdale, and Tampa, Florida and Rockville, Maryland. AquaKnox is a casual seafood restaurant that operates in The Venetian Casino, Hotel & Resort in Las Vegas. Taqueria Canonita and Canonita Express are also located within The Venetian. Both offer authentic Mexican fare served in a casual ambience.
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