New Leadership Takes Charge at the Organization Responsible for Puttshack, F1 Arcade, and Additional Ventures
In the dynamic world of hospitality and experiential brands, one name is making waves – Emerging Concepts. Launched in 2023, this innovative company has quickly become a preferred partner for some of the best-in-class restaurant and experiential brands growing across the country.
The brainchild of Mathew Focht, Emerging Concepts was established as a vehicle to invest in next-generation hospitality and experiential brands. Focht's vision has attracted significant contributions from industry heavyweights like Randy DeWitt, Adam Breeden, Sterling Douglass, and Damian Mogavero.
Randy DeWitt, the founder and CEO of FB Society, is one of the notable investors in Emerging Concepts. Sterling Douglass, the founder and CEO of Chowly, and Adam Breeden, the co-founder of Puttshack and Flight Club, have also shown their support for the company. Damian Mogavero, the founder and former CEO of Avero, has also joined the roster.
Emerging Concepts has made a name for itself by offering strategic infrastructure for early-stage concepts. They manage various aspects such as customer data intelligence, site selection, transaction services, and investor alignment. This comprehensive approach has been instrumental in scaling successful restaurant and entertainment concepts in the country.
In a recent development, Robert Johnson has acquired a 50% stake in Emerging Concepts. Johnson, who has been instrumental in building Emerging Concepts' foundation over the last decade, has now become the managing partner, overseeing the day-to-day operations.
Johnson's leadership, passion, and strategic insight make him the ideal partner to lead Emerging Concepts' next chapter, according to Focht. Johnson's involvement extends beyond Emerging Concepts, as he has also become a new shareholder in the restaurant and entertainment group Holy Circle and the managing partner of a new nightclub in Frankfurt, developed together with CUPRA.
Emerging Concepts is behind several popular social entertainment concepts such as Puttshack, F1 Arcade, and Poolhouse. They are also strategic partners to notable brands like the Museum of Ice Cream, Flagship Restaurant Group, and JF Restaurants.
With Johnson at the helm, Emerging Concepts is poised for growth driven by strong demand from industry-leading operators seeking strategic guidance on key expansion decisions. Johnson sees potential for growth driven by this strong demand, making the future of Emerging Concepts an exciting prospect for the industry.
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