What The Paramount Group does

The Paramount Group is a privately held, woman-owned Chicago-based hospitality company founded in 2011 by Jodi Fyfe. It operates as a multi-brand holding company with four wholly-owned operating subsidiaries: Paramount Events (full-service and drop-off catering for weddings, corporate events, and non-profits, launched 2011), Lake Street Staffing (event and luxury-retail staffing agency, launched early 2018), fuelgood (workplace dining and corporate café integration solutions, launched 2021), and eden (a seasonal restaurant with private dining, bar, and home goods market, launched 2021). The business serves a mix of enterprise clients (corporate catering and workplace dining), social/wedding consumers, individual restaurant diners, and event organizers requiring staffing support.

The four brands share a common operational backbone: an on-site greenhouse supplying organic produce year-round, direct procurement from a roster of local farms (Nichols Farm, Iron Creek Farm, Mick Klüg Farm, Avrom Farm, Froggy Meadow Farms via Green City Market), and an integrated sustainability program that has documented 159.4k pounds of compost, 3,960 pounds of food donated, 3,300 community members fed, 12.2k pounds of CO2 offset, and 903k gallons of water saved since December 2022. The company holds a Women's Business Enterprise (WBE) certification and Green Restaurant Association certification, supporting corporate procurement positioning.

The Paramount Group generates revenue across four distinct models: one-time project-based fees for catering events, restaurant dine-in retail revenue, managed-services contracts for workplace dining, and professional-services fees for staffing deployments. Pricing is quote-based and not publicly disclosed; catering contracts are described as multi-year where applicable. Go-to-market is sales-led for enterprise and direct-to-consumer for eden restaurant traffic. The company is headquartered at 2744 W. Roscoe St., Chicago, IL 60618, employs 251–500 people, and operates regionally across the Midwest with no disclosed M&A, funding, or geographic expansion beyond Chicago.

Name

The Paramount Group

Legal name

The Paramount Group

Website

https://theparamountgroupchicago.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

251–500 employees

Short description

The Paramount Group is a woman-owned, Chicago-based hospitality holding company operating four brands: Paramount Events (catering), eden (seasonal restaurant), fuelgood (workplace dining), and Lake Street Staffing. It serves corporate, wedding, nonprofit, and luxury retail clients across the Midwest using shared local-farm sourcing.

Ownership category

akta.pro rank

Product category

Hospitality and Catering Services

NAICS

Caterers (722320), Drinking Places (Alcoholic Beverages) (7224)

SIC

Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Corporate Hospitality, VIP Hosting & Client Entertainment (Internal-led) (THAHAIAI)

akta.pro secondary industries

Luxury Hospitality & VIP Hosting (Tables, Bottle Service, Concierge Hosts) (HSACAMAH), Event Hospitality & VIP Lounge Staff (HSACAEAH)

Keywords

• Catering services
• Event staffing
• Restaurant dining
• Workplace dining
• Hospitality services

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Catering Services (Paramount Events): Full-service and drop-off catering for events including weddings, nonprofits, corporate events. Three divisions: Weddings/Non-Profits, Events, and Drop Off. Launched in 2011.
2. Restaurant Dining (eden): Restaurant revenue from brunch, lunch, and dinner service, private dining, bar with specialty cocktails, and home goods market.
3. Workplace Dining (fuelgood): Corporate dining solutions providing food, beverage, service, and design solutions for companies and property managers. Integrates cafes or markets into existing spaces.
4. Staffing Services (Lake Street Staffing): Staffing solutions for events, luxury store openings, bar services. Customizable staffing needs with in-house trained and certified staff. Launched early 2018.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

The Paramount Group operates four hospitality brands under one parent company: Paramount Events provides full-service and drop-off catering for weddings, corporate events, and nonprofits; eden is a seasonal restaurant with private dining and a bar; fuelgood delivers integrated workplace dining solutions for companies and property managers; and Lake Street Staffing supplies event, bar, and brand-ambassador staffing services. All brands share sustainable sourcing from an on-site greenhouse and local farm partnerships.

Product overview

The Paramount Group is a woman-owned hospitality company operating as a collection of four distinct brands under one parent company. Paramount Events provides full-service and drop-off catering; eden is a seasonal restaurant with private dining and a bar; fuelgood delivers workplace dining and corporate cafe solutions; and Lake Street Staffing supplies event and hospitality staffing services. These brands share common resources including culinary expertise, sustainability initiatives, an on-site greenhouse, and local farm partnerships.

Differentiator

Problem solved

Functional benefit

Brands

• Paramount Events: Chicago's premier full-service and drop-off catering company specializing in seasonality year-round, combining innovative catering and impeccable service.
• eden
• fuelgood
• Lake Street Staffing

Products and services

• Paramount Events
• eden
• fuelgood
• Lake Street Staffing

Quantifiable outcome

• 159.4k pounds of compost, 3,960 pounds of food donated, 3,300 local community members fed since December 2022
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• The Fuel Movement CentercoreStrategic or Co-development PartnerCommunity organization dedicated to fostering a thriving and inclusive community through food pantries, gaming clubs, clothing drives, health and wellness town halls, and collaboration with community leaders. TPG supports through collaborative partnership promoting their mission.
• Hephzibah Children's AssociationcoreStrategic or Co-development PartnerOrganization helping children thrive and families flourish through group homes, child welfare services, foster care programs, and early head start programs. TPG supports through collaborative partnership.
• Green City MarketcoreStrategic or Co-development PartnerSustainable farmers market held in Lincoln Park, Chicago. TPG sources ingredients from farmers including Nichols Farm, Iron Creek Farm, Mick Klüg Farm, Avrom Farm, and Froggy Meadow Farms. Provides produce for TPG's catering, restaurant, and workplace dining operations.
• The Evolved NetworkminorStrategic or Co-development PartnerUses culinary experiences to create safe and creative spaces for youth learning and healing. Works with youth in schools and afterschool programs, integrating curriculum through demonstrations and conversations.
• Chi-CarecoreStrategic or Co-development PartnerProvides warm meals, water, and basic human needs for people experiencing homelessness throughout Chicagoland. TPG supports by providing food donations and collaborative partnership.
• Global Gardens ChicagominorStrategic or Co-development PartnerEmpowers refugees to embrace their culture by providing land, tools, seeds, training, and English-translation to grow their country's crops. Crops are sold for profit helping refugees adjust to life in the US.
• Best BuddiesminorStrategic or Co-development PartnerNonprofit organization establishing volunteer movement creating opportunities for one-to-one friendships, integrated employment, leadership development, inclusive living, and family support for people with intellectual and developmental disabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Sodexo: Multinational food services and facilities management company with significant workplace dining and event catering operations — large incumbent overlapping with TPG's fuelgood and Paramount Events offerings.
• Compass Group: World's largest contract foodservice company operating brands like Chartwells and Eurest — broad incumbent with workplace dining, event catering, and hospitality staffing that overlaps with multiple TPG brands.
• Guckenheimer: US corporate workplace dining and hospitality services provider (now part of Elior North America) — directly comparable to fuelgood's corporate cafe integration model at larger enterprise scale.
• Aramark: Global food services, facilities, and uniform services giant serving workplaces, sports venues, and events — broad incumbent competing across all of TPG's service lines (catering, workplace dining, event staffing) at national scale.

Direct peers

• Catering by Michael's: Chicago full-service catering and event production company serving corporate, wedding, and social clients — competes directly with Paramount Events for high-end event catering work in the same market.
• Jewell Events Catering: Chicago-based off-premise caterer specializing in weddings, corporate, and social events; competes head-to-head with Paramount Events on event catering contracts in the same metropolitan area.
• Bon Appétit Management Company: Nationwide on-site restaurant and catering management company focused on workplaces, museums, and specialty venues — competes with TPG's fuelgood brand for corporate workplace dining contracts and shares a similar farm-to-table, locally-sourced positioning.
• Lettuce Entertain You Enterprises: Chicago-headquartered multi-brand restaurant and catering group operating dozens of distinct concepts under one parent company — the closest structural analog to TPG's portfolio model of independent brands sharing culinary and operational infrastructure.
• Blue Plate Catering: Long-established Chicago full-service catering company serving corporate, wedding, and social events — directly competes with Paramount Events in the same Chicago event catering market with overlapping customer segments.

Emerging players

• Fooda: Chicago-based workplace food platform connecting employers with rotating local restaurants — competes with fuelgood's corporate dining model through a marketplace approach targeting the same enterprise buyer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/tpgchicago
• Instagraminstagram.com/paramountevents
• Facebookfacebook.com/TheParamountGroupChi
• LinkedInlinkedin.com/company/the-paramount-group-chicago

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Paramount Group