Irish investment firm Danu Partners has acquired Smith & Wollensky Restaurant Group, parent company of the high-end steakhouse concept. As part of the deal, Danu has purchased seven of the eight Smith & Wollensky restaurant locations and world-wide licensing rights to the concept.
The New York Smith & Wollensky, established in 1977, remains in control of its original founder, Alan Stillman and Quality Branded Restaurant Group.
The locations Danu now owns includes Boston, Chicago, Miami and Las Vegas, as well as Smith & Wollensky London, which it opened under license from Smith & Wollensky Restaurant Group in June 2015. Tommy Hart, who served as managing partner and general manager of Smith & Wollensky New York for 27 years, will join the SWRG board.