![]() In that capacity, Wedo managed over "1200 restaurants, 7000 employees and $1 Billion in revenue." Wedo founded and was president and CEO for MidAtlantic Restaurants, Inc. ![]() įrom 1986 to 1993, Wedo worked for PepsiCo/KFC eventually rising to the level of vice president and general manager of the southeast division of KFC. Wedo earned a bachelor's degree in business from Penn State University and then an MBA and International MBA from Cornell University and Queen's University. He was featured on an episode of CBS's Undercover Boss in 2013. In 2010, he considered running to represent Delaware in the United States House of Representatives. Privately held FMP’s concepts include Don Pablo’s, Furr’s Fresh Buffet and its Dynamic Foods subsidiary and Zio’s Italian Kitchen.Anthony Wedo is a CEO in the restaurant and hospitality industry working with such brands as KFC, Boston Market and Einstein Bros. In April, FMP acquired the Catalina Restaurant Group and closed more than half of the company’s 149 restaurants, citing poor performance. The company closed 140 locations during its second bankruptcy.įMP’s portfolio has grown to 500 restaurants and more than $1 billion in annual sales, FMP reported. It emerged in 2009, but filed for bankruptcy again in 2012, with nearly 500 restaurants. filed for bankruptcy the first time in 2008. The company was founded in 1983 and grew its brand to 340 restaurants in 35 states, comprised of 331-steak-buffet restaurants and nine Tahoe Joe’s Famous Steakhouse restaurants.īuffets Inc. and changed its name to Ovation Brands, Inc. “Along with our Dynamic Foods manufacturing and distribution subsidiary, the millwork facility brings additional vertical integration capabilities to all of our concepts,” Donbavand said. Ovation Brands had its corporate headquarters in Greer and its millwork and manufacturing company in Eagan, Minn. Phone calls and electronic messages were not returned for comment from officials with Ovation Brands. Ovation Brands announced in March it hired Duff & Phelps Corporation to assist with an evaluation of potential strategic alternatives including a sale of the business, three years after emerging from its second bankruptcy. ![]() That estimate was down 5.9 percent from 2014 FY, when the company reported $797.8 million in U.S. foodservice sales for the June-ended 2015 fiscal year. The company estimated $751 million in U.S. 49 in the most recent Nation’s Restaurant News’ Top 100 companies. ![]() Ovation Brands/Buffets Restaurants Holdings Inc. “The buffet business is one with which we are very familiar, and the chance to acquire a category leader does not come along often,” Peter Donbavand, FMP vice president of business development, said in a statement. Ovation Brands is comprised of Ryan’s, Fire Mountain, Country Buffet, Old Country Buffet, Hometown Buffet and Tahoe Joe’s. ![]() Greer-based Ovation Brands has been acquired by Food Management Partners (FMP) of San Antonio, Texas. Anthony Wedo, former President/CEO of Ovations Brands, rebranded Ryan's into a multi-station buffet featuring carving stations, made-to-order grilled steaks and vegetables stir-fried while you wait. ![]()
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