Alexander's time-honored brands and dynamic team are significant additions to the SPB family and a major step forward in achieving SPB's vision." Funds managed by affiliates of Fortress own SPB, which was created in 2020 to manage its growing portfolio of hospitality brands. "We have enormous confidence in SPB's leadership and their vision for building one of the strongest and most successful restaurant groups in the industry," said Morgan McClure, President of SPB Hospitality and Managing Director at Fortress Investment Group. Alexander's team to our family and thank them for their assistance throughout the acquisition process." "I could not be more excited about the future of our SPB Hospitality brands. "This acquisition is a game-changer that advances SPB's vision of building a best-in-class hospitality company known for creating exceptional experiences and breaking through culinary boundaries," said SPB Hospitality Chief Executive Officer Jim Mazany.
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