Relationship will optimize the culture of culinary expertise, innovation, and operational excellence at both companies to deliver high-quality hospitality experiences across the U.S.
PHILADELPHIA -- Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today it has entered into a strategic collaboration with the Philadelphia-based Starr Restaurant Organization (Starr Restaurants). Led by entrepreneur and James Beard Award-winning restaurateur, Stephen Starr, Starr Restaurants is one of the largest multi-concept and independent restaurant groups in the United States. Together, Aramark and Starr Restaurants will drive culinary innovation and excellence through a strategic collaboration designed to provide best-in-class hospitality experiences for Aramark clients, while enabling new growth for both companies.
“Aramark and Starr Restaurants are both rooted in a passion for service and in providing unforgettable experiences for our clients and customers,” said Aramark Chief Operating Officer for U.S. Food and Facilities, Marc Bruno. “Being based in Philadelphia, we have had a front-row seat as Stephen Starr—one of the culinary pioneers of our city’s food scene—elevated the dining experience and helped make Philadelphia one of the best food cities in the country. Through this strategic collaboration, we look forward to furthering Aramark’s culinary authority by infusing our kitchens and concepts with the creativity and innovation that Starr Restaurants is famous for.”
The collaboration between Aramark and Starr Restaurants will positively impact both companies through:
- An exclusive licensing agreement allowing Aramark to operate designated Starr concepts and brands within multiple lines of its business, while providing national visibility to Starr concepts through Aramark’s extensive client base in higher education, business dining, sports and entertainment, convention centers, cultural attractions, and other food service divisions
- Joint business development opportunities
- Creative and operational knowledge exchanges among culinary teams and senior leadership
- Aramark’s acquisition of a minority ownership position in Starr Restaurants
“This collaboration is a unique opportunity for both Starr Restaurants and Aramark,” said founder and CEO, Stephen Starr. “I began my career as a concert promoter in stadiums and major arenas and am eager to get back into large entertainment venues, but this time in the culinary space. It is an exciting opportunity to converge my two career passions alongside an industry leader like Aramark. The company’s impressive and consistent growth, and its deep commitment to providing high-quality hospitality experiences makes it the perfect food service company partner for Starr Restaurants. I look forward to developing innovative and cool concepts for many of Aramark’s clients and customers around the country, as well as a robust and beneficial knowledge exchange among our talented leaders.”
The collaboration is a continuation of Aramark’s accelerated growth strategy to develop strategic relationships that will enhance the overall client and customer experience.
About Aramark
Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 19 countries around the world with food, facilities, and uniform services. Because our culture is rooted in service, our employees strive to do great things for each other, our partners, our communities, and our planet. Aramark has been named to DiversityInc’s “Top 50 Companies for Diversity” list, the Forbes list of “America’s Best Employers for Diversity,” the HRC’s “Best Places to Work for LGBTQ Equality” and scored 100% on the Disability Equality Index. Learn more at www.aramark.com and connect with us on Facebook, Twitter, and LinkedIn.
