Mazzone Hospitality announced that Restaurant Associates will invest in its catering and business dining divisions.
The announcement was made by Mazzone Hospitality owner Angelo Mazzone, who said that the agreement is anticipated to take effect in July. Restaurant Associates is a subsidiary of Compass Group, The Americas Division.
According to the agreement, the expansive catering and business dining empire created by Mazzone will henceforth operate under the banner Mazzone Hospitality LLC. All jobs will remain in place and Mazzone will continue his leadership role within the organization.
The investment will provide the resources, systems and capital to enable Mazzone Hospitality LLC to expand its operations locally and regionally, and pursue opportunities with large institutions, including hospitals, universities, senior living facilities and major corporations.
The announcement follows a nearly four-decade career in the hospitality industry, beginning in 1980 when Mazzone opened Peggy’s, a small restaurant in downtown Schenectady. The business expanded in 1988 with the purchase and restoration of Glen Sanders Mansion in Scotia. Presently, the Mazzone Hospitality portfolio includes seven premier restaurants, an expansive catering division, and a robust corporate dining program.
“I’m excited to announce this partnership because Restaurant Associates shares the same core values that we do, and will provide us with the infrastructure, systems and capital to sustain and expand upon the level of growth we’ve been so fortunate to achieve. Mazzone Hospitality has always strived to provide the highest level of service with vision, passion and integrity,” said Mazzone. “We have never been satisfied with the status quo, and are always looking for ways to improve and provide the best experience possible for our guests.”
“This partnership puts us in the position to reach even more people with our signature level of service. Our day-to-day operations will not change. We will continue to deliver unmatched events and dining options, while being in the best position possible to create moments and memories that last a lifetime.”
Mazzone Hospitality LLC will continue to oversee catering operations at the Albany Capital Center and Empire State Plaza, as well as a number of the Capital Region’s premier event venues and banquet facilities, including 90 State and Cornerstone at the Plaza in Albany; Hall of Springs in Saratoga Springs; Hilton Garden Inn in Clifton Park; Key Hall at Proctors in Schenectady; and its flagship property Glen Sanders Mansion in Scotia. The division will also continue to cater private weddings, fundraisers, and corporate or social events.
Officials said Mazzone Hospitality, LLC will also continue to operate food services at Excelsior College, GlobalFoundries, Golub Corporation, Hearst Media Center, Hudson Valley Community College and Regeneron Pharmaceuticals, among other locations.
The majority of the restaurant properties will remain closely-held by Mazzone and operate independently of Mazzone Hospitality LLC, he said. These include Angelo’s 677 Prime, Aperitivo Bistro, TALA Bistro, Fish at 30 Lake, and Prime at Saratoga National. Angelo’s Tavolo and Angelo’s Prime Bar + Grill will operate under the new banner.
Restaurant Associates provides premium food services to more than 100 prestigious locations, including museums, performing arts centers, aquariums, corporate dining, education facilities and off-premise catering events in New York City, Boston, Hartford, Atlanta, Washington, D.C., and Philadelphia.
For more information about Mazzone Hospitality, call 690-0293 or visit www.mazzonehospitality.com.