Girish Mahajan (Editor)

Bloomin' Brands

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Type
  
Public

Industry
  
Restaurant

Parent organization
  
OSI HoldCo, Inc.

Traded as
  
NASDAQ: BLMN

Area served
  
Worldwide

Bloomin' Brands httpsuploadwikimediaorgwikipediaenaa7Blo

Number of locations
  
1,507 restaurants (2015)

Key people
  
Elizabeth A. Smith (CEO / Chairman) Jody Bilney (CBO / Executive Vice President) David Berg (President) David Deno, EVP & CFO

Headquarters
  
Tampa, Florida, United States

CEO
  
Elizabeth A. Smith (Nov 2009–)

Founded
  
August 1987, Tampa, Florida, United States

Subsidiaries
  
Outback Steakhouse, Carrabba's Italian Grill

Founders
  
Chris T. Sullivan, J. Timothy Gannon, Trudy Olson, Robert D. Basham

Profiles

Bloomin brands inc wins a gold stevie award in the 2014 american business awards


Bloomin' Brands, Inc., is a hospitality industry company that owns several American casual dining restaurant chains. The company was established in 1987 in Tampa, Florida, where it is headquartered.

Contents

Bloomin brands inc wins at the 2014 american business awards


History

The company was founded in August 1987 as Multi-Venture Partners, Inc. in Florida by Tim Gannon, Bob Basham, and Chris Sullivan. In 1988 the first Outback Steakhouse was opened in Tampa, Florida. The company went public in 1991 as a 49-restaurant chain and changed its name to Outback Steakhouse, Inc. The Carrabba's Italian Grill was launched in 1993. The company's international expansion began with the first Outback Steakhouse to open in Canada. Revenues for the company exceed $1 billion for the first time. In 1998 the first units of Roy's Restaurant, Fleming's Prime Steakhouse & Wine Bar, and Lee Roy Selmon's open. Cheeseburger in Paradise was launched several years later in 2002. The Wall Street Journal reported on November 7, 2006, that Bain Capital, Catterton Partners and founders Sullivan, Basham, and Gannon (collectively referred to as Kangaroo Holdings, Inc.), had reached an agreement to buy OSI Restaurant Partners Inc. for about $3 billion.

Restaurant chains

As of 2015, chains that the company owns and/or operates include:

  • Bonefish Grill
  • Carrabba's Italian Grill
  • Fleming's Prime Steakhouse & Wine Bar
  • Outback Steakhouse
  • The company formerly held the Cheeseburger in Paradise and Lee Roy Selmon's restaurant concepts. OSI also opened Blue Coral Seafood & Spirits in 2006, and planned 15 locations. They had opened two in California: one at Newport Beach in Orange County, and a second in San Diego, until deciding to close in 2009.

    Prior to the company becoming OSI Restaurant Partners, LLC, Outback Steakhouse Inc. operated the Paul Lee's Chinese Kitchen and Zazarac brands.

    Charitable contributions

    In 2001, OSI Restaurant Partners and other national restaurants helped to raise $1 million for Dine Out for America for Victims of 9/11.

    Political contributions

    Bloomin' Brands has a conservative leaning political action committee called the Bloomin' Brands, Inc. Political Action Committee. Bloomin' Brands, Inc. Political Action Committee is a PAC during the 2016 election. As of the most recent financial filing from the Federal Election Commission (FEC), the committee raised a total of $347,483 and spent a total of $253,075. During the 2014 election, as of the most recent financial filing from the Federal Election Commission (FEC), the committee raised a total of $976,793 and spent a total of $767,249. Some of their political spending included $5,000 to the NRA, $30,000 to the National Republican Senatorial Committee, $45,000 to the National Republican Congressional Committee, and $15,000 to the Republican Party of Wisconsin.

    References

    Bloomin' Brands Wikipedia