SPB Hospitality, a portfolio company of Fortress Investment Group and an operator and franchisor of restaurants, has purchased the Amada and Village Whiskey brands from 3BM1 (operating as Ideation Hospitality.)
Through the acquisition, SPB Hospitality gains ownership of Amada’s three locations in Philadelphia, Radnor and Atlantic City; Village Whiskey’s location in Philadelphia, and leadership and restaurant employees. SPB Hospitality plans to open two to three Amada restaurants in key markets with a focus on the Sun Belt region of the United States.