

Want to inform investors similar to Ballard Brands about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest Ballard Brands News
Mar 17, 2023
Provided March 16, 2023 Iron Chef Jose Garces, who is keynoting the Restaurant Franchising and Innovation Summit next week in Coral Gables, Florida, is expanding one of his restaurant concepts Friday to the Philadelphia suburbs with the unveiling of Amada Radnor on the Main Line, at 555 E. Lancaster Ave., in Wayne, Pennsylvania. The restaurant is Amada's third location and features indoor and outdoor dining for 250 guests and serves Spanish tapas along with a Gin Tonic Experience that arrives tableside inviting the guests to partake in creating the perfect Gin Tonic to pair with their meal. "We are thrilled to expand our relationship with the Main Line," Garces said in a company press release. "We started off last year with fast casual, with Buena Onda , and are now moving into something more elevated with the opening of the Radnor outpost of Amada, one of my flagship restaurants. The reception we have gotten has been amazing. We can't wait to meet even more foodies and get even more involved in our new community as we open our doors this week. We've created a gorgeous space that carries the best of the Amada Philadelphia experience through to the Main Line; I'm particularly excited about our two patio spaces and our beautiful white marble bar top." Amada Radnor comes hot on the heels of a banner year for Garces, who has opened Amada Radnor, Garces Trading Company at Kimmel, Garces Trading Company at Cira Centre, Buena Onda Radnor, Buena Onda Rittenhouse, Buena Onda Wells Fargo Center, Buena Onda at the Concourse at Comcast Center and Garces Eats at Wells Fargo Center, all within the last 12 months. "Five years ago, we created this strategic partnership with Chef Jose Garces and couldn't be more pleased by the ways our talents and resources have aligned," Ballard Brands & Ideation Hospitality co- owner Steven Ballard said in the release. "Within the last year, Ballard Brands and Ideation Hospitality provided the launch pad for national franchise chain Buena Onda in addition to opening four new locations. Together, we also brought back storied brand Garces Trading Company and opened two new locations. Now, we are opening the third location of Chef Garces' flagship brand, Amada, on the Main Line. We're excited to watch this beloved fine dining concept continue to expand nationally." "The continued growth of Garces concepts with the support of Ideation Hospitality and Ballard Brands has been incredible," Ballard Brands & Ideation Hospitality co-owner Paul Ballard said in the release. "Our business collaboration highlights each partner's strengths, creating a best-in-class hospitality group that has national reach and awareness. From fine dining to fast casual and franchised concepts, we continue to innovate and expand upon our portfolio of brands. It's a thrilling time for us."
Ballard Brands Acquisitions
1 Acquisition
Ballard Brands acquired 1 company. Their latest acquisition was Garces Group on May 02, 2018.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
5/2/2018 | Asset Sale | 2 |
Date | 5/2/2018 |
---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Asset Sale |
Sources | 2 |