September 20, 2017 2:31 PM ET

Hotels, Restaurants and Leisure

Company Overview of Hakkasan Limited

Company Overview

Hakkasan Limited operates restaurants, lounges, and nightclubs in the United States, Europe, the Middle East, and Asia. It offers various menus, and wines and cocktails. The company was incorporated in 1998 and is based in London, United Kingdom.

3rd Floor

Elsley House

24-30 Great Titchfield Street

London,  W1W 8BF

United Kingdom

Founded in 1998

Phone:

44 20 7297 8901

Fax:

44 20 7907 1889

Key Executives for Hakkasan Limited

Chief Executive Officer
International Executive Chef
Executive Head Chef
Age: 54
Executive Pastry Chef
Vice President of Global Communications
Compensation as of Fiscal Year 2017.

Hakkasan Limited Key Developments

Hakkasan Group Announces Management Changes

Hakkasan Group announced the promotion of Nick McCabe to CEO, effective immediately. McCabe formerly served as President and COO of Hakkasan Group, and succeeds Neil Moffitt, who resigned from his role immediately. In his new role, McCabe will navigate the company along its aggressive growth trajectory, pursue further business development opportunities and oversee the company's entire global portfolio of dining and nightlife brands.

SBE Advanced Discussions With Hakkasan Group

SBE Entertainment Group, LLC is in advanced discussions to merge Hakkasan Limited into the SBE family. Sam Nazarian, Founder and Chief Executive Officer of SBE stated, "SBE in advanced discussions with Hakkasan Group regarding a potential merger. As currently contemplated, SBE would welcome Hakkasan's global portfolio of prestigious restaurants and best in class nightlife assets into SBE's international platform of lifestyle hospitality and entertainment assets to create the most dynamic hospitality, residential, restaurant and entertainment company in the industry. The merger is expected to close within 60 days."

Hakkasan Group Announces Board Changes

Hakkasan Group announced additions to its Board of Directors: a new Chairman, Khalifa Bin Butti, and three new Directors, former Senator Norm Coleman, Hani Buttikhi and Ramez Attieh. They will serve alongside current Board Director Neil Moffitt, who also continues as CEO. The announcement follows the resignation of Hakkasan Group Chairman Khadem al-Qubaisi, with the new appointments taking effect immediately. The Group's management remains unchanged with CEO Neil Moffitt supported by Hakkasan Group President Nick McCabe.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 17, 2017
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