Public | |
Traded as | NASDAQ: BLMN |
Industry | Restaurant |
Founded | August 1987? Tampa, Florida, U.S. |
Founder | Robert D. Basham Chris T. Sullivan Trudy Cooper J. Timothy Gannon |
Headquarters | Tampa, Florida |
Number of locations
|
1,507 restaurants (2015) |
Area served
|
Worldwide |
Key people
|
Elizabeth A. Smith (CEO / Chairman) Jody Bilney (CBO / Executive Vice President) David Berg (President) David Deno, EVP & CFO |
Number of employees
|
100,000 (2015) |
Subsidiaries |
Outback Steakhouse Carrabba's Italian Grill Bonefish Grill Fleming's Prime Steakhouse & Wine Bar |
Website | Bloomin' Brands |
Footnotes / references |
Bloomin' Brands, Inc., is a hospitality industry company that owns several American casual dining restaurant chains. The company was established in 1987 in Tampa, Florida, where it is headquartered.
The company was founded in August 1988 as Multi-Venture Partners, Inc. in Florida by Tim Gannon, Bob Basham, and Chris Sullivan. In 1988 the first Outback Steakhouse was opened in Tampa, Florida. The company went public in 1991 as a 49-restaurant chain and changed its name to Outback Steakhouse, Inc. The Carrabba's Italian Grill was launched in 1993. The company's international expansion began with the first Outback Steakhouse to open in Canada. Revenues for the company exceed $1 billion for the first time. In 1998 the first units of Roy's Restaurant, Fleming's Prime Steakhouse & Wine Bar, and Lee Roy Selmon's open. Cheeseburger in Paradise was launched several years later in 2002. The Wall Street Journal reported on November 7, 2006, that Bain Capital, Catterton Partners and founders Sullivan, Basham, and Gannon (collectively referred to as Kangaroo Holdings, Inc.), had reached an agreement to buy OSI Restaurant Partners Inc. for about $3 billion.
As of 2015, chains that the company owns and/or operates include:
The company formerly held the Cheeseburger in Paradise and Lee Roy Selmon's restaurant concepts. OSI also opened Blue Coral Seafood & Spirits in 2006, and planned 15 locations. They had opened two in California: one at Newport Beach in Orange County, and a second in San Diego, until deciding to close in 2009.
Prior to the company becoming OSI Restaurant Partners, LLC, Outback Steakhouse Inc. operated the Paul Lee's Chinese Kitchen and Zazarac brands.
In 2001, OSI Restaurant Partners and other national restaurants helped to raise $1 million for Dine Out for America for Victims of 9/11.