The Company Hired An Ex
In mid-2021, Cooper’s Hawk announced that it had hired Beth Scott to run operations for Cooper’s Hawk as the Chief Restaurant Officer, according to Restaurant Business Online. Prior to working for the chain, Scott was the president of Fleming’s Prime Steak and Wine Bar Group. Fleming’s has high standards, making it one of our favorite national steakhouse chains.
Per Restaurant Business Online, at Fleming’s, Scott oversaw 65 restaurants that earned a total of $300 million in revenue per year. This will set her up nicely to be able to oversee the success of the Cooper’s Hawk chain. Prior to working at Fleming’s, Scott worked for Disney Parks & Resorts. There she managed the concept development of the restaurants featured in their many theme parks. That sounds like a cool gig! While she no longer plans animated character-themed restaurants, her prior experience should serve her well as she dives into the world of upscale-casual wine tasting and restaurant duos.
Cooper’s Hawk Runs A Popular Wine Club
Probably the most popular part Cooper’s Hawk’s business is its wine club . Cooper’s Hawk offers wine club memberships with options to receive one, two, or three bottles per month, as well as two monthly wine tastings at Cooper’s Hawk tasting rooms. Most wine club members choose to pick up their bottles in person at Cooper’s Hawk locations. The wine club had over 300,000 members back in 2018 and was growing every year, according to the Wine Economist.
One of the perks of being a wine club member is that you earn points on dining and market purchases that can be used to pay for dining experiences. Additionally, you can score major discounts on bottles of wine. If you are hosting a large gathering for an event and you need wine, you can use your Cooper’s Hawk membership to earn 10-20% off large quantities of wine bottles.
So what do you do if you want to enjoy monthly wine bottles, but don’t live close enough to one of the restaurants? In some parts of the U.S., Cooper’s Hawk allows club members to have wines delivered to their door on a quarterly basis.
Cooper’s Hawk Winery & Restaurants: Key Details
1. At the time of the initial public offering, Cooper’s Hawk Winery & Restaurants could seek a valuation of US$ 1 billion, and it is reportedly in touch with Piper Sandler Cos. and Bank of America Corp. for the IPO, among others.
2. Cooper’s Hawk Winery & Restaurants was established in 2005, and ever since then, the casual-dining chain has expanded its presence. It serves at over 45 locations in the US.
4. According to reports, the wine club has approximately 350,000 members, and the membership is expanding at an annual rate of 25 per cent.
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Best Place To Buy Wine: Cooper’s Hawk
- May 17, 2015
Cooper’s Hawk Winery is located at the Southlake Mall.
Cooper’s Hawk founder Tim McEnery.
2020 Southlake Mall, Unit 500
The Best Place to Buy Wine is also a great place to pair it with a fine-dining meal. Cooper’s Hawk, which started in 2005 in Orland Park, offers a signature menu with a selection of dishes designed to pair perfectly with its own Cooper’s Hawk wines.
Cooper’s Hawk founder Tim McEnery said the wine store is thrilled to be chosen “Best of the Region.”
I believe our wine programs success stems from its incredible approachability,” he said. “Our wines are very affordable nothing over $40 and can be sampled at any time before purchasing. We also pride ourselves on the quality of our wines, sourcing grapes from some of the best vineyards in the country.
Cooper’s Hawk offers a Napa-style tasting room and retail gift shop where its wines are available by the bottle. It’s wines include a wide variety of whites and reds, along with sparkling, fruit, dessert and mulled wines.
Coopers Hawk To Be Sold To Ares Management
Coopers Hawk Winery & Restaurants has reached a sale agreement with private equity firm Ares Management, according to a report this week in the publication Mergermarket.
Sources have confirmed the deal to Restaurant Business.
According to Mergermarket, Ares is paying more than $700 million for the chain, which is based in suburban Chicago. According to a source, company founder and CEO Tim McEnery will remain with the company and keep a significant equity stake in the chain.
A representative for Coopers Hawk said the company would not comment on the deal. Given our increasing viability in the market, there is bound to be speculation, but it would not be prudent to comment at this time, the company said in a statement.
Representatives from Ares Management did not respond to requests for comment.
The firm would be getting one of the hottest restaurant chains in the U.S. System sales have tripled over the past five years, according to data from Restaurant Business sister company Technomic.
The upscale-casual chain generated $282.3 million in system sales and operated 35 locations in 2018, according to Technomic. Both numbers were up nearly 17% from the previous year.
Coopers Hawk also boasts a wine club that has more than 350,000 members, who have formed a loyal base of customers that visits the restaurant more frequently and take part in regular, special events.
UPDATE: This story has been updated to add additional information.
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Cooper’s Hawk Winery & Restaurants Ipo: 5 Things To Know
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- At the time of the initial public offering, Cooper’s Hawk Winery & Restaurants could seek a valuation of US$ 1 billion.
- Cooper’s Hawk Winery & Restaurants was established in 2005, and ever since then, the casual-dining chain has expanded.
- Cooper’s Hawk Winery & Restaurants offers its customers to join its wine club for customer engagement.
Cooper’s Hawk Winery & Restaurants is reportedly looking to go public in the US equities market, which could happen sometime this year.
The Illinois-based Cooper’s Hawk is a casual-dining chain and wine club backed by global investment manager Ares Management, trading on the New York Stock Exchange.
Before Cooper’s Hawk Winery & Restaurant goes public, here are five things to know about the speculative initial public offering:
Cooper’s Hawk Buys Its Grapes From International Growers
Cooper’s Hawk partners with many winegrowers internationally and nationally, seeking grapes from regions including California, Washington, Oregon, Italy, Australia, Portugal, and France . By sourcing grapes from these regions, Cooper’s Hawk can ensure that the grapes are grown in the best conditions in terms of weather, soil, climate, etc. without having to try to establish vineyards in its home base in Illinois.
The grapes sourced in these locations travel to Woodridge, Illinois to be processed at the Cooper’s Hawk wine factory, which produces all of the wines for all of the Cooper’s Hawk locations. It is here where the wine is oak-aged, bottled, and distributed. The winery produces 700,000 cases of wine each year. Clearly, this process works well for them as the company has won over 500 wine awards in both national and international competitions, according to its website.
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About Cooper’s Hawk Vineyards
It’s that feeling of “Welcome” and “Glad you’re here”. It’s a genuine smile when you walk through our front door. Cooper’s Hawk Vineyards is more than another winery. More than another stop along the way. It’s a stop-and-stay-for-a-while place a place where you want to relax with family and friends. And return to.
Pick your spot. Is it the tasting bar, where our staff engages you in lively conversation and sampling?
Could it be a sunny patch on the patio, under an umbrella with your best friends? Maybe your place is on the vast lawn, in the shade of a tree, where you hear nothing but the wind through the leaves. Perhaps our restaurant is the place for you, dining on superb cuisine, designed to match our award winning wines.
Cooper’s Hawk Was Sold For $700 Million To Ares Management
In 2019, Cooper’s Hawk was sold to Ares Management, a private equity firm. This firm paid more than $700 million for the Cooper’s Hawk chain, according to Restaurant Business Online. That’s not a bad payout for McEnery, who struggled to find investors when was first starting the company .
CEO Tim McEnery, remains with the company in a leadership role and maintains a “significant equity stake,” according to Restaurant Business Online. The chain’s steady and constant increase in sales in a relatively short amount of time made Cooper’s Hawk an attractive prospect for potential buyers. Restaurant Business Online noted during the five years prior to the sale, Cooper’s Hawk’s sales tripled. McEnery told the publication that Cooper’s Hawk has uniquely loyal fans, saying, “They are just incredibly passionate about what we do. They feel like they’re part of something.”
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Cooper’s Hawk Created A Red Blend For The Sag Awards In 2020
Cooper’s Hawk created a unique red wine blend to celebrate the Screen Actors Guild Awards in January 2020. As the official wine of the 26th annual SAG Awards, Cooper’s Hawk developed a new variety they called the “Artist’s Red Blend”. This blend had tasting notes reminiscent of blackberry, strawberry, anise, black pepper, and vanilla, according to the SAG Awards website.
This wine blend was not only served at the SAG Awards show for guests but also around the country at the many Cooper’s Hawk locations for viewing parties of the SAG Awards open to wine club members. Additionally, for the month of January 2020, Artist’s Red Blend was the Cooper’s Hawk wine of the month. This allowed wine club members who did not attend the SAG Award show viewing events to try this unique blend as one of their monthly bottles.
The Winery Partnered With Ruth’s Chris Steak House
According to a press release put out by Cooper’s Hawk, in the Spring of 2019, Cooper’s Hawk partnered with Ruth’s Chris Steak House to encourage wine club members to explore dining options beyond Cooper’s Hawk .
Here’s how it worked: wine club members brought bottles of Cooper’s Hawk wine into Ruth Chris’ Steak House locations to pair with their meals. Wine club members received 100 wine club points for simply showing up to Ruth’s Chris, and the steakhouse waived its usual corkage fees.
Cooper’s Hawk and Ruth’s Chris Steak House both stood to gain from these efforts at cross-promotion. Ruth’s Chris is a beloved steak chain with many locations that made more than $468 million in revenue in the year 2019, and we bet that Cooper’s Hawk club members were excited about the opportunity to dine there.
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Being In The Club Has Some Interesting Perks
As a member of the Cooper’s Hawk wine club, you get a wine tasting for two each month. During these tastings, you will have access to seven to eight wines and be provided with tasting notes for review . Additionally, wine club members get access to special themed monthly dinner events, according to the company’s website. These dinner events include multi-course meals that are, of course, paired with wine.
Cooper’s Hawk also offers several international wine trips per year for members. These trips are planned by CEO Tim McEnry, Chef Matt McMillin, and Master Sommelier Emily Wines and include detailed itineraries of daily activities. Most trips are around ten days long and include many planned events and excursions. Last year, Cooper’s Hawk offered four trips: The Wines and WOnders of Greece, Sicily: Italy’s Island Gem and Historic France. With all of these events and trips, you can see why Wine Economist called Cooper’s Hawk “a wine-centered lifestyle brand.”
Cooper’s Hawk’s Head Sommelier Is Involved In The Court Of Master Sommeliers
Speaking of the Master Sommelier for Cooper’s Hawk, Emily Wines, she is very active in the American branch of the Court of Master Sommeliers. Wines held a role as Chair of the Court of Master Sommeliers in 2021, according to The North Bay Business Journal.
Recently, the Court of Master Sommeliers has been under fire, with twenty-one female members alleging that they experienced sexual harassment and/or assault from members of the Court. The Court is a predominantly male group, and several male members have been accused of sexual misconduct, according to The New York Times. These claims highlight a toxic culture that makes it difficult for women to break into the sommelier world, let alone succeed in it.
Following these claims, the executive director of the Court of Master Sommeliers was replaced with a new female executive director, Julie Cohen Theobald, who plans to steer the group in a less toxic direction, according to The North Bay Business Journal.
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The Untold Truth Of Cooper’s Hawk
You’ve likely heard of Cooper’s Hawk, a chain that combines restaurants with wine tasting rooms. With over 40 locations nationwide, according to the company’s.website, you may have even been to one. Cooper’s Hawk is known for its welcoming environment and upscale feel. By encouraging consumers to join its wine club, Cooper’s Hawk retains customers and builds its fan base.
Per its website, Cooper’s Hawk was founded by then 29-year-old Tim McEnery in 2005. The original location debuted in Orland Park, Illinois. At the time, McEnery was the only winemaker. He would make the wine on the property in a 974-gallon tank .
Before opening up Cooper’s Hawk, McEnery worked as a restaurant manager, according to The Wall Street Journal. After visiting a small winery in suburban Illinois, he developed a business plan for his vision of a restaurant and winery duo. While it was a good idea in theory, McEnery quickly realized why it was not done often. The Wall Street Journal says that after three and a half years of working on his business plan and jumping through many legal hoops, McEnery finally broke ground on the first location. It was clearly worth the effort, as Cooper’s Hawk now makes $340 million in annual revenue, per the Cooper’s Hawk website.
Cooper’s Hawk’s Food Menu Is Designed To Pair With Wine
The most unique thing about Cooper’s Hawk is that each location offers a full restaurant and wine tasting room. Matt McMillin, the Vice President of Culinary and Beverage Innovation, heads up the culinary direction of the kitchen . With plenty of culinary experience working in fine-dining kitchens and opening restaurant concepts in Chicago, McMillin is a seasoned chef who once served as a judge on an episode of Bobby Flay’s “Throwdown.”
The food at Cooper’s Hawk focuses on American dishes but also draws inspiration from global influences. With over 100 items on the menu, Cooper’s Hawk focuses on highlighting seasonal ingredients and scratch-making everything in-house. Each item is paired with a specific Cooper’s Hawk wine on the menu, making it easy for restaurant patrons to enjoy a delicious meal with a wine pairing. We can attest that their food is truly delicious. You won’t feel like you are eating in a chain restaurant, but rather a hip spot serving up generous portions of food.
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What Is Cooper’s Hawk
Cooper’s Hawk categorizes itself as a “lifestyle brand,” but from the tastings to the shop to the restaurant, the focus is on wine.
All Cooper’s Hawk wines are made by the company’s winery in Woodridge, Illinois, which receives grapes from around the world. The wines can be tasted at Cooper’s Hawk locations and also make up the choices in a multi-level subscription wine club program.
Along with an extensive wine list, Cooper’s Hawk also offers a full dining menu, where each food option is accompanied with a recommended wine pairing.
Since the first location opened in 2005, the chain has expanded throughout the eastern half of the country. The new Scottsdale location will be the furthest west next to a location in Kansas City, Missouri.
Another Arizona location is planned for Chandler although the opening date is yet to be announced.
Details: Cooper’s Hawk, 7361 E Frank Lloyd Wright Blvd., Scottsdale. chwinery.com.