Ruth s Hospitality Group - Ownership and Business Overview

RestaurantsCompany

Ruth s Hospitality Group Ownership

Who owns Ruth s Hospitality Group?

Ruth s Hospitality Group is owned by Darden Restaurants. It was acquired on May 3, 2023.

Was Ruth s Hospitality Group formerly PE-backed?

Yes. Ruth s Hospitality Group was formerly owned by 1 private investor.

Ruth s Hospitality Group Business Overview

Where is Ruth s Hospitality Group headquartered?

Ruth s Hospitality Group is headquartered in Winter Park, Florida.

What is Ruth s Hospitality Group’s revenue?

Ruth s Hospitality Group disclosed revenue of 506M USD for 2022 and 429M USD for 2021.

How many employees does Ruth s Hospitality Group have?

Ruth s Hospitality Group has 2,632 employees.

What sector is Ruth s Hospitality Group in?

Ruth s Hospitality Group is a restaurants company.

When was Ruth s Hospitality Group founded?

Ruth s Hospitality Group was founded in 1965.

Restaurants M&A Summary in 2023

Out of 60 sectors in the Mergr database, restaurants ranked 53 in number of deals in 2023. The largest restaurants acquisition in 2023 was Ruth s Hospitality Group - which was acquired by Darden Restaurants for $715M.

Join Mergr to view all 12 acquisitions of restaurants companies in 2023, including 4 acquisitions by private equity firms, and 8 by strategics.

Ruth's Hospitality Group

Ruth's Hospitality Group, Inc.

1030 West Canton Avenue, Suite 100,
Winter Park, Florida 32789
United States,
(407) 333-7440
www.rhgi.com

Ruth's Hospitality Group is an American restaurant company that owns and operates several upscale dining establishments across the United States and internationally. The company is best known for its flagship brand, Ruth's Chris Steak House, which specializes in high-quality steaks, seafood, and other classic American fare. With over 150 locations in various countries, Ruth's Hospitality Group has built a reputation for providing a luxurious and welcoming dining experience, with an emphasis on personalized service and attention to detail. In addition to its flagship brand, the company also operates other fine dining concepts, such as Mitchell's Fish Market and Eddie V's Prime Seafood, catering to a diverse range of tastes and preferences. Ruth's Hospitality Group was founded in 1965 and is based in Winter Park, Florida.


Company Summary

SECTOR

Restaurants

Revenue

506   18% 2022
429   55% 2021
278   41% 2020
468   4% 2019
452   9% 2018
415   8% 2017
386   4% 2016
373   8% 2015
346   8% 2014
322   4% 2013
310   2012
(millions of USD) Show More Show Less

Employees

2,632

Established

1965

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