The h.wood Group Secures Nine-Figure Valuation and Strategic Growth Investment
The h.wood Group and DIAFA: A Luxurious Partnership for Growth
Los Angeles-based h.wood Group has made headlines recently with the announcement of a nine-figure valuation and a strategic investment from DIAFA, a new luxury hospitality company based in Abu Dhabi. This major financial influx aims to accelerate growth for the h.wood Group, known for its iconic restaurants and nightlife venues, including Delilah, The Nice Guy, and The Bird Streets Club.
A New Dawn in Luxury Hospitality
The partnership between the h.wood Group and DIAFA signifies a pivotal moment in the luxury hospitality landscape. It reflects a mutual commitment to excellence and innovation, paving the way for launching new and refined hospitality concepts. The investment sets the stage for h.wood Group's expected growth trajectory, with a target valuation of $500 million on the horizon.
In the wake of this collaboration, both companies envision creating unique, culturally resonant experiences that are unparalleled in their architectural, atmospheric, and culinary offerings. This marks a strategic effort to grow beyond the West Coast, with plans to expand into key markets across the United States.
A Legacy of Excellence
Founded in 2008 by lifelong friends and hospitality leaders John Terzian and Brian Toll, the h.wood Group has cemented its reputation in the luxury nightlife and restaurant industry. With venues spread across Los Angeles, as well as locations in major cities nationwide and abroad, its influence on contemporary culture and gastronomy is indisputable. Notably, h.wood Group operates eight locations in Los Angeles and three others throughout the country, making it a formidable player in the hospitality sector.
With the same architects who brought the brand to life still shaping its future, the forthcoming chapter for the h.wood Group is defined by a commitment to maintaining high standards and a distinctive vision that has kept its venues at the forefront of luxury. The focus remains not only on expansion but also on preserving the unique essence of each location.
Upcoming Projects and Expansion
In the coming year, the h.wood Group is gearing up to introduce exciting new concepts in major markets such as Dallas, New York, and Miami. The highly anticipated modern nightclub Delilah will make its Dallas debut in October 2025, marking the fourth location of this beloved brand. This new venue will set the foundation for numerous upcoming initiatives, including the opening of Delilah in New York and the expansion of The Nice Guy into Miami and Newport Beach by 2026.
Additionally, the investment from DIAFA allows the h.wood Group to further establish its position in the Los Angeles metropolitan area with a cutting-edge Japanese dining experience on Sunset Boulevard. This new concept will take over what was previously Booty Bellows, a well-established venue that operated for over a decade before closing in January 2025, making way for a new generation of experiences under the h.wood umbrella.
The h.wood Group's commitment to excellence is reflected in its co-founders' excitement over the partnership with DIAFA. As Brian Toll and John Terzian put it,