Private equity company focused on hospitality market beefs up executive group
Raleigh, NC (RestaurantNews.com) Hargett Hunter revealed today that 30-year hospitality market veteran Scott Taylor hasactually been selected Chief Executive Officer of its recently produced full-service diningestablishment platform, Cherry Bounce Hospitality. Taylor signsupwith the leading personal equity company after serving in C-level executive positions at Walk-On’s Sports Bistreaux, Beef ‘O’Brady’s and the University of Florida.
Taylor will supervise the full-service brandnames Trudy’s Authentic Tex-Mex, Cajun Steamer Bar & Grill and Live.Eat.Surf Restaurants as he develops out the brand-new platform. Additionally, Cherry Bounce is presently lookingfor potential additions to the platform and is in conversations with numerous brandnames interested in signingupwith the recently developed group.
“I’m delighted to signupwith the Hargett Hunter household in this crucial management function as we focus on tactical growth with our recently produced diningestablishment platform,” stated Taylor. “I think the right culture drawsin the right individuals and develops unique chances. I linedup rapidly with the Hargett Hunter group on a shared vision and technique to develop best-in-class groups and collaborations throughout the full-service diningestablishment area.”
Hargett Hunter is led by Founding Partner & Managing Director Jeff Brock and Partner Brian Fauver. The partners haveactually been investing financialobligation and equity in leading food & drink services for a integrated 45 years. Having invested in 9 emerging chains – most justrecently from a devoted diningestablishment fund raised in 2019 – Hargett Hunter’s brandnames run throughout the U.S. in a range of service formats and food classifications.
Establishing Cherry Bounce is the newest relocation in the group’s venture to bring unrivaled resources to the country’s most appealing emerging and developed restauarant brandnames. The platform is developed to assistance the management groups of the local casual dining brandnames to accomplish their particular development, success and functional objectives. Taylor’s restaurant-industry competence wil