OTG EXP (otg) Postponed

Airport concession operator with over 220 locations primarily around NYC.

Consumer Discretionary -

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IPO Data
IPO File Date 01/07/2016
Offer Price
Price Range $16.00 - $18.00
Offer Shares (mm) 32.5
Deal Size ($mm) $552
 
IPO Data
IPO Date
Offer Price
Price Range $16.00 - $18.00
Offer Shares (mm) 32.5
Deal Size ($mm) $$552
 
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Business Overview
OTG is a high-growth company that is transforming the airport travel experience for millions of travelers every year. We combine world-class hospitality and award-winning cuisine with innovative design and state-of-the-art technology to provide what we call the “OTG Experience.” OTG’s proprietary restaurant concepts are complemented by our signature tablet platform which was the first, and remains the only one of its kind in our industry. OTG started in 1996 with a single restaurant location in the Philadelphia International Airport and the goal of delivering a great restaurant experience that just happened to be in an airport. Today, we are one of the leading airport food and beverage (“F&B”) operators in North America with more than 220 locations in 23 terminals across 10 airports. Our current target market is North America’s top 30 airports by enplanement, which recorded 576 million enplanements and $5.2 billion total F&B and news and gifts (“N&G”) concession sales in 2014.
OTG is a high-growth company that is transforming the airport travel experience for millions of travelers every year. We combine world-class hospitality and award-winning cuisine with innovative design and state-of-the-art technology to provide what we call the “OTG Experience.” OTG’s proprietary restaurant concepts are complemented by...
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Company Data
Headquarters New York, NY
Founded 1996
Employees 4,400
Website www.anotgexperience.com
 

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