Photo: BlackBusiness.com
Ron Jordan, the CEO and founder of Jordan Hospitality Group, has acquired all 21 Donatos restaurants in the Indianapolis market, making him the largest Black-owned franchise partner for the Columbus, Ohio-based company in its 59-year history.
In his recent acquisition, Jordan partnered with investment firm 22 Ventures, which is led by former NBA All-Star, Olympic gold medalist, and Ohio State University team captain Michael Redd. He said they immediately got along as they both have the same goals to empower Black people.
“We’re on a mission to be one of the exceptional players in experiential dining,” said Jordan, according to a press release. “But it’s more than just building restaurants. We’re creating experiences that thrill our guests. My inspiration to grow to be the best stems from the commitment I made to my grandparents years ago to create generational wealth for my family and future generations of not only [my family], but for the people our company employs. It is especially rewarding to have the opportunity to do this through a company in Donatos that I have loved since childhood.” Read more.
