The National Restaurant Association has taken a majority interest in Winsight Holdings LLC, the parent company of FoodService Director.
Winsight, which serves the food and beverage industry with a variety of events, media and research, will continue to run independently and retain ownership of the National Restaurant Association Show as it has done since creating an equity partnership with the Association in 2018.
“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,” Tom Bené, president and CEO of the National Restaurant Association, said in a statement. “The Association’s investment in Winsight reinforces its commitment to support and best represent the interests of the entire industry.”
Amid this change, FoodService Director and its sister publications Restaurant Business, CSP and Winsight Grocery Business will maintain separate editorial oversight.
“In the face of an historic challenge, our industry has shown resilience, innovation, and teamwork,” Mike Wood, Winsight CEO, said in a statement. “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.”