News Source: www.businesswire.com
National Restaurant Association Takes Majority Interest in Winsight Holdings, LLC
News Source/Courtesy: www.businesswire.com

WASHINGTON--(BUSINESS WIRE)--The National Restaurant Association today announced it has taken a majority interest in Winsight Holdings, LLC, a leading market intelligence company that connects the restaurant, foodservice, convenience retailing and grocery industries through its portfolio of research, events, and industry news. Winsight will continue to operate as an independent entity, and its senior leadership team will remain in place to run Winsight operations.

“Together the National Restaurant Association and Winsight will be better positioned to support the dynamic demands of the restaurant and foodservice industry as it continues to rebuild,” said Tom Bené, President & CEO of the National Restaurant Association. “The Association’s investment in Winsight reinforces its commitment to support and best represent the interests of the entire industry. Winsight’s robust engagement and event platforms along with their industry-leading informational resources contribute enormously to the success of every restaurant.”

Winsight serves every segment of the food and beverage industry (restaurants, noncommercial foodservice, convenience, and grocery) with:

Market leading events including, the National Restaurant Association Show, the Restaurant Leadership Conference, FSTEC, the Global Restaurant Leadership Conference, and Outlook Leadership

Technomic, which provides research, insights, and strategic consulting to the global food and beverage industry

An award-winning portfolio of digital media brands, including Restaurant Business, CSP, Foodservice Director, and Winsight Grocery Business, which will continue to have independent editorial oversight

“In the face of an historic challenge, our industry has shown resilience, innovation, and teamwork,” said Mike Wood, CEO of Winsight. “Restaurants are in the early days of a comeback that promises significant growth for the next 5 years. Convenience and grocery stores have evolved and redefined what it means to be essential. Thanks to this renewed partnership with the Association, Winsight’s market defining thought leadership will be available to fuel a rebirth.”

Winsight maintains operational ownership and execution of the National Restaurant Association Show and related assets following the 2018 formation of an equity partnership between Winsight and the National Restaurant Association. The annual event will continue to be promoted jointly by Winsight and the National Restaurant Association. The National Restaurant Association Show is scheduled to take place May 21-24, 2022 at McCormick Place in Chicago.

About The National Restaurant Association

Founded in 1919, the National Restaurant Association is the leading business association for the restaurant industry, which comprises 1 million restaurant and foodservice outlets and a workforce of 15.6 million employees. We represent the industry in Washington, D.C., and advocate on its behalf. We sponsor the industry's largest trade show (National Restaurant Association Show); leading food safety training and certification program (ServSafe); unique career-building high school program (the NRAEF's ProStart). For more information, visit Restaurant.org and find us on Twitter @WeRRestaurants, Facebook and YouTube.

About Winsight LLC

Winsight LLC is a business-to-business information, event and market intelligence company serving the restaurant and noncommercial foodservice, convenience and petroleum retailing and grocery industries. Winsight provides research and analytics, branding solutions, face-to-face opportunities, lead generation initiatives, and content marketing services through products including subscription data products, reports, research tools, research programs, fully custom studies, conferences, custom marketing services, meetings, print and digital trade media.

Technomic Inc. is a wholly owned subsidiary of Winsight and provides subscription data products, industry reports, research tools, and programs. Its syndicated and custom studies are generated through extensive food and retail industry experience and are substantiated by a wealth of proprietary data.

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News Source: www.businesswire.com

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