Operating Company Consumer

Tailwind Hospitality

Wilmington, North Carolina, United States

Provides food, signature beverages, and gift shop retail concessions at airports across the United States.

Focus Areas
Airport concessions, Food & beverage (F&B) concessions, Gift shop / retail concessions

Tracked deals

3

3 tracked deals across 2024-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Addon

2 addon · 1 buyout

Tailwind Hospitality Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Tailwind Hospitality. 1 2024 1 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Crestview Partners, AltitudeX Aviation Group, Members of Tailwind's existing management team
    Target
    Tailwind Hospitality, Inc.
    Seller
    Palladin Consumer Retail Partners
    Type
    Buyout

    Crestview Partners has acquired Tailwind Hospitality, an airport concessions operator, from Palladin Consumer Retail Partners. Crestview is investing alongside AltitudeX Aviation Group and members of Tailwind’s management; Tailwind will remain led by CEO Jeff Switzer and will pursue further organic and acquisition-driven expansion across U.S. airports.

  • Buyer
    Tailwind Hospitality (dba Tailwind Concessions), Palladin Consumer Retail Partners
    Target
    Panera Bread concession (Phoenix-Mesa Gateway Airport)
    Seller
    Kind Hospitality
    Type
    Addon

    Tailwind Hospitality (dba Tailwind Concessions) acquired the Panera Bread concession at Phoenix-Mesa Gateway Airport from Kind Hospitality, making Tailwind the majority owner and primary operator of all food & beverage concessions at the airport. The deal expands Tailwind's airport footprint and follows a 2021 recapitalization of Tailwind by Palladin Consumer Retail Partners, which has supported the company's broader growth and M&A activity.

  • Buyer
    Tailwind Hospitality (Tailwind Concessions), Palladin Consumer Retail Partners
    Target
    Oakwells, Four food and beverage concessions at Phoenix-Mesa Gateway Airport (from Kind Hospitality)
    Seller
    Mike Reilly (founder of Oakwells), Kind Hospitality, Nava Thursaisingam
    Location
    United States
    Type
    Addon

    Tailwind Hospitality (dba Tailwind Concessions) has acquired Oakwells, a Winter Park, Florida-based regional airport concessionaire, and also closed on a majority stake in four food & beverage concessions at Phoenix-Mesa Gateway Airport previously owned by Kind Hospitality. Oakwells founder Mike Reilly will join Tailwind post-close along with his more than 100 employees. The deals expand Tailwind’s footprint in small- and mid-size U.S. airports and follow its 2021 recapitalization by Palladin Consumer Retail Partners.

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