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Donatos’ largest traditional franchisee is now minority-owned. Michael Redd partners on deal
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A Black-owned hospitality brand in Columbus now owns all 21 Donatos Pizza restaurants in the Indianapolis market.
The pizza giant announced that Jordan Hospitality Group (JHG) is its largest traditional franchise partner and largest minority-owned franchisee in a release on Tuesday. JHG made the acquisition in partnership with 22 Ventures, a private investment firm co-founded by former NBA and Ohio State basketball star Michael Redd.
JHG also owns the Hen Quarter restaurant in Dublin. CEO Ron Jordan, 34, of New Albany, has been running the family-owned business since 2015.
“We’re on a mission to be one of the exceptional players in experiential dining,” Jordan said in the press release. “My inspiration to grow to be the best stems from the commitment I made to my grandparents years ago to create generational wealth for my family and future generations of not only Jordans, but for the people our company employs. It is especially rewarding to have the opportunity to do this through a company in Donatos that I have loved since childhood.”
Ohio State legend Michael Redd’s 22 Ventures investment firm is committed to diversity
Jordan told the Dispatch that he also is committed to diversity and inclusion efforts, which is one reason he enjoys working with Redd and 22 Ventures, doing business as TwentyTwo.
“(Redd) wants to see other Black and brown businesses succeed,” Jordan said. “I want the same thing. I want there to be an opportunity for those who don't always get access to capital and so many other things. It's more than just strategic economic vision in terms of our businesses being aligned. It’s a true passion and friendship.”
Additionally
https://www.dispatch.com/story/business/20...
Posted By:
Howdy PartNER
Sunday, June 8th 2025 at 11:36AM
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