J. Alexander's Holdings Inc. is an American restaurant company that operates several

casual dining Restaurants fall into several industry classifications, based upon menu style, preparation methods and pricing, as well as the means by which the food is served to the customer. This article mainly describes the situation in the US, while categor ...

restaurant chain A chain store or retail chain is a retail outlet in which several locations share a brand, central management and standardized business practices. They have come to dominate many retail markets, dining markets, and service categories in many pa ...

s. The company is headquartered in

Nashville, Tennessee Nashville, often known as Music City, is the capital and List of municipalities in Tennessee, most populous city in the U.S. state of Tennessee. It is the county seat, seat of Davidson County, Tennessee, Davidson County in Middle Tennessee, locat ...

History

The company was founded in 1971 as Volunteer Capital Corporation by three Nashville businessmen, Jack C. Massey, Earl Beasley Jr. and John Neff Jr. The first restaurant was opened in Nashville, Tennessee, in 1991. J. Alexander's was acquired by

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in 2012. It was spun off in 2015. It nearly acquired Ninety Nine Restaurant and Pub from Fidelity National Financial in 2017, but the deal was ultimately broken off due to shareholder opposition to Fidelity regaining controlling stake. In 2019, J. Alexanders had 46 restaurants in 16 different states. In April 2020, it reported that J. Alexander's received $15.1 million from the Paycheck Protection Program (PPP) as part of the

CARES Act The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is a $2.2trillion Stimulus (economics), economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March ...

, a program intended to assist small businesses during the

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. Days later, J. Alexander's returned all of the money it had received. On July 2, 2021, J. Alexander's announced that it would be acquired by

Logan's Roadhouse Logan's Roadhouse is an American chain of casual dining restaurants based in Houston, Texas, United States, founded in 1991 in Lexington, Kentucky, U.S. There are 135 Logan's Roadhouse locations throughout twenty-two states. The chain uses retro ...

parent SPB Hospitality for $220 million. The acquisition was completed on September 30, 2021.

Customer service

In 2019, the company was the target of a class action lawsuit for racial discrimination. At a Michigan restaurant, a black customer said she was asked to give up her seat for a white patron. The company denied the charges.

References

External links

* {{authority control Restaurant franchises Restaurants established in 1971 Companies based in Nashville, Tennessee Regional restaurant chains in the United States Companies formerly listed on the Nasdaq Companies listed on the New York Stock Exchange 1971 establishments in Tennessee 2021 mergers and acquisitions American companies established in 1971