#USA #Los Angeles #DIAFA #h.wood Group #luxury gastronomy

Major Investment in Luxury Gastronomy: The h.wood Group and DIAFA Collaboration

The h.wood Group, a premier hospitality enterprise based in Los Angeles, has recently revealed its strategic partnership with DIAFA, a newly-formed luxury gastronomy investment firm based in Abu Dhabi. This collaboration has culminated in a significant financial undertaking—bringing the valuation of the h.wood Group into the nine-digit territory, which is expected to accelerate its momentum towards a targeted valuation of half a billion dollars.

A Milestone Collaboration

The infusion of capital is not merely a financial transaction but a philosophical alliance that embodies a mutual commitment to excellence. Both h.wood Group and DIAFA are poised to redefine the luxury dining landscape through innovation, sophistication, and cultural relevance. This strategic move marks a decisive moment in the realms of luxury gastronomy, propelling both companies into a new chapter where they aim to cultivate experiences that resonate globally.

Founded in 2008 by John Terzian and Brian Toll—two lifelong friends from Los Angeles—the h.wood Group has garnered acclaim for creating some of the most exclusive and culturally influential dining and nightlife venues worldwide. From the iconic Delilah to The Nice Guy and The Bird Streets Club, their portfolio of upscale establishments has become synonymous with luxury dining and nightlife culture. Currently, the group operates eight locations in Los Angeles and has expanded to three venues across the nation, with additional international sites in the pipeline.

Future Growth Plans

As this partnership begins to unfold, the h.wood Group is primed for its next growth phase. They plan to launch visionary new concepts and enhance their flagship destinations while accelerating expansion beyond the West Coast. Together with DIAFA, they aim to set a new benchmark for hospitality experiences that are not only sought after globally but also architecturally and gastronomically unparalleled.

During the next year, the h.wood Group plans to introduce new concepts in major markets including Dallas, New York City, and Miami, resonating with its core values of exceptional service and outstanding design. A notable highlight includes the debut of Delilah Dallas—a modern supper club—slated to open in 2025, followed by additional locations in cities like New York and expansions of existing brands like The Nice Guy into new markets.

Furthermore, the funding from this strategic partnership will also allow the h.wood Group to solidify its presence in the Los Angeles area, with plans for a new Japanese restaurant on the iconic Sunset Boulevard, situated in the former Booty Bellows nightclub, which the group closed down after 13 years to make way for exciting new ventures. The group is also planning to upgrade its existing flagship locations, including Delilah and Poppy—its lavish nightclub.

Forward-Thinking Vision

In their own words, the co-founders Brian Toll and John Terzian expressed enthusiasm about joining forces with DIAFA, stating, "We are honored to extend our footprint far beyond the West Coast while DIAFA ventures into luxury gastronomy." With this collaborative spirit, both companies are set on a path that promises innovative and exquisite experiences, balancing ambition with intentionality to maintain what makes their brands unique.

This move underscores the h.wood Group's commitment to evolving the luxury dining market by fusing high-quality service with a distinct ambiance, ensuring every visit becomes a moment to remember.

For more information about the h.wood Group, you can visit their official website.