Subscribe and receive the latest news from the industry Article
Join 62,000+ members. Yes, it's completely free.
April 6, 2018
New Orleans-based Kirkendoll Management has purchased the licensing rights to all 12 The Penthouse Club locations across the globe.
Through the agreement, Kirkendoll will now handle the operations, technology and marketing for all licenses of The Penthouse Club. It will also manage and market all future venues as well as develop a separate global licensing business unit, which will handle the company’s future endeavors.
Furthermore, Kirkendoll is preparing for a rapid expansion both nationally and internationally with The Penthouse Club brand and its restaurant division. Additional terms of the transaction were not disclosed.
"Kirkendoll's core value system revolves around a quality customer experience that is committed to excellence, and now we can translate this across the world,” says John Kirkendoll, founder and chief executive officer, Kirkendoll Management. “The Penthouse Club is about to enter an unprecedented period of growth, and we will be the driving force behind it."
The Penthouse Club is a series of gentlemen’s clubs that currently licenses operations in the U.S., France, Russia, Australia and New Zealand. Several club locations also feature full steakhouse dining options.
You May Also Like
Exclusive: Sunlight Entertainment and pocket.watch Expand Ryan’s World BrandMar 4, 2024
Hilton, AutoCamp Partner for Outdoor Lodging ExperiencesMar 4, 2024
Jones Soda, Prime Video, Kilter Films, Bethesda Game Studios Announce New SodaMar 4, 2024
Kung Fu Tea, Dreamworks Animation Releasing ‘Kung Fu Panda 4’ DrinksMar 4, 2024