sbe Raises $25M Credit Facility

sbe, a Miami, FL-based lifestyle hospitality company, raised $25M in Credit Facility from Feenix Venture Partners.

The company intends to use the capital to expand its footprint of restaurants and lounges.

Established in 2002 by Founder and CEO Sam Nazarian, sbe is a lifestyle hospitality company that develops, manages and operates restaurants, lounges and nightclubs. The lifestyle platform included over 100 hotels and 150 restaurants and lounges.

In 2020, Sam Nazarian shifted his focus to the culinary and nightlife world by launching Disruptive Restaurant Group (DRG.) DRG incubates and operates globally renowned culinary brands including critically-acclaimed restaurants, lounges and nightclubs. By partnering with a roster of internationally renowned culinary talent, DRG concepts are committed to innovation and setting new industry standards. Restaurants and lounges include: Casa Dani, by three Michelin-starred Chef Dani Garcia; Citizens; Katsuya, by Chef Katsuya Uechi; Kumi; Doheny Room; HYDE; LiFE; and S Bar. Sam