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Hai Hospitality Teams with KSL Capital
Austin-based, James Beard Award-winning restaurant group Hai Hospitality said an affiliate of KSL Capital Partners has made a substantial investment in the company. This investment will enable Hai Hospitality to accelerate the growth and expansion of their acclaimed restaurant brands and continue to elevate the guest experience.
The Hai Hospitality leadership team, including founding chef and partner Tyson Cole, will remain at the helm. The financial terms of the transaction were not disclosed.
“We opened Uchi Austin in 2003 with a unique and modern approach to Japanese food,” said Cole. “I’m excited for KSL’s investment and to continue bringing the magic of Hai’s concepts to new markets across the U.S.”
Since the opening of the first location in Austin, five additional Uchi-branded restaurants have opened across the Southwest. Hai also launched LORO Asian Smokehouse & Bar in 2018, in partnership with Aaron Franklin.
Pictured: Interior of Uchi in Austin. Photo courtesy of Hai Hospitality.
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- ◦Financing