Lm Restaurant Group

Name

Lm Restaurant Group

Legal name

LM Restaurant Group

Website

https://lmrestaurant.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Hotel Food and Beverage Management

NAICS

Full-Service Restaurants (722511), Food Service Contractors (722310), Caterers (722320)

SIC

Retail-Eating Places (5812), Retail-Eating & Drinking Places (5810), Services-Facilities Support Management Services (8744)

akta.pro industry

PRIMARYTHAFACAH

Hotel & Resort Restaurants

Travel & Hospitality/Foodservice & Beverage (Restaurants, Cafes, Bars)/Full-Service Restaurants (Casual & Fine Dining)

SECONDARYTHAFAIAC

Venue & Banquet Hall Catering

Travel & Hospitality/Foodservice & Beverage (Restaurants, Cafes, Bars)/Catering & Banquet Foodservice

SECONDARYTHAFAIAH

Contract Foodservice Management (Outsourced Catering)

Travel & Hospitality/Foodservice & Beverage (Restaurants, Cafes, Bars)/Catering & Banquet Foodservice

Keywords

• Hotel food beverage
• Restaurant operations
• Event venue management
• Catering services
• Hospitality management

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Restaurant Operations: Revenue generated from operating full-service restaurants within hotel properties, including food and beverage sales across all meal periods with enhanced weekend brunch service.
2. Catering & Events: Revenue from full-service catering and event venue management, including private dining, corporate events, weddings, and galas at LM-operated event venues and within hotel properties.
3. Hotel F&B Operations: Fee-based management of hotel food and beverage operations including banquet services, front-of-house and back-of-house support, culinary operations, and client-facing sales for hotel properties.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

LM Restaurant Group operates 5 full-service restaurants, 5 one-of-a-kind event venues, and a back-of-house catering operation within hotel properties across Chicagoland. The company delivers outsourced hotel food and beverage solutions including restaurant concept creation, event venue management, full-service catering, and complete F&B operations management for major hotel chains such as Hilton, Marriott, and IHG.

Product overview

LM Restaurant Group is a family-owned hospitality company operating 5 full-service restaurants, 5 unique event venues, and a back-of-house catering operation in the Chicagoland area. The company offers two restaurant brands (Bistro and Land & Lake), a plant-based concept (17), full-service catering (LM Catering & Events), and hotel F&B operations management (LM F&B Hotel Operations). The restaurant brands are positioned as affordable, family-friendly neighborhood gathering places with Bistro offering American classics in an upscale setting and Land & Lake providing Midwestern diner-style dining. The catering division manages exclusive event venues including Lacuna Events by LM, LM Studio, Sky on Nine, Twenty Six, Magik Street, and The Lighthouse Room.

Differentiator

Problem solved

Functional benefit

Brands

• Bistro: American bistro concepts located at hotel properties. Focus on approachable contemporary dishes with fresh, local, and seasonal ingredients. Three locations: Grant Park Bistro, River North Bistro, and Evanston Corner Bistro.
• Land & Lake
• 17

Products and services

• Bistro American bistro restaurant brand operating three hotel-based locations (Grant Park Bistro, River North Bistro, Evanston Corner Bistro) offering approachable contemporary dishes made with fresh, local, and seasonal ingredients to hotel guests and local patrons, with unique private dining spaces and seasonal patio areas.
• Land & Lake Midwestern-inspired diner restaurant brand with hotel-based locations (Land & Lake Kitchen, Land & Lake Rosemont, and a forthcoming Land & Lake Cafe) offering elevated versions of classic regional dishes with locally sourced ingredients and a bar program featuring locally brewed beers and regionally distilled spirits.
• 17 Plant-based restaurant concept opened in January 2026 in Downtown Evanston within the Hilton Orrington hotel, celebrating vibrant, plant-based dining crafted to energize, empower, and uplift guests, grounded in the belief that food choices shape health and well-being.
• LM Catering & Events Full-service catering company that develops one-of-a-kind event venues and reimagines outdated event spaces, overseeing all event operations including back-of-house, front-of-house, culinary, and sales for hotels and private clients, providing unique brand identity, customized marketing strategy, and individual websites for event spaces.
• LM F&B Hotel Operations B2B hotel food and beverage management service providing customized support in banquet operations, both front and back of house, plus client-facing sales, with trained FOH professionals and BOH culinary teams with decades of hotel event experience for hotel ownership groups and management companies.
• Lacuna Events by LM Event venue at 2150 S. Canalport in Chicago, managed by LM Catering & Events, hosting private dining, corporate events, weddings, and galas within LM's hotel F&B portfolio.
• LM Studio Event venue at 808 S. Michigan Ave. in Chicago's South Loop, managed by LM Catering & Events for private events, corporate functions, weddings, and galas.
• Sky on Nine Event venue at 6600 Mannheim Rd. in Rosemont, IL, located within the Holiday Inn & Staybridge Suites Chicago O'Hare property, managed by LM Catering & Events.
• Twenty Six Event venue at 2 W. Erie St. in Chicago, managed by LM Catering & Events for private events, corporate functions, weddings, and galas.
• Magik Street Event venue at 2150 S. Canalport in Chicago, part of the Lacuna Events by LM venue portfolio, managed by LM Catering & Events.
• The Lighthouse Room Event venue at 1710 Orrington Ave. in Evanston, managed by LM Catering & Events for private events, corporate functions, weddings, and galas.

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• HiltoncoreChannel Partner/ Reseller/ DistributorLM Restaurant Group operates hotel-based restaurants and F&B services within Hilton-branded properties. The team has experience working with Hilton's brand standards and rewards programs at properties including the Hilton Orrington (Evanston Corner Bistro, Land & Lake Cafe, 17, The Lighthouse Room).
• MarriottcoreChannel Partner/ Reseller/ DistributorLM Restaurant Group operates restaurant concepts within Marriott-branded hotels including Le Meridien Essex (Grant Park Bistro). LM works within Marriott brand standards and affiliated rewards programs.
• IHG (InterContinental Hotels Group)coreChannel Partner/ Reseller/ DistributorLM Restaurant Group provides F&B solutions within IHG-branded properties including the Holiday Inn & Staybridge Suites Chicago O'Hare in Rosemont (Land & Lake Rosemont and Sky on Nine event venue).

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Aramark: Major food service and facilities provider serving hotels, convention centers, sports, and business venues. Operates restaurant, banquet, and catering programs analogous to LM's hotel F&B management offering.
• Delaware North: Large diversified hospitality and food service company operating restaurants, catering, and event venues at hotels, airports, sports venues, and parks. Broader and larger than LM but overlaps on outsourced hotel F&B and venue catering.
• Compass Group (Restaurant Associates): Global contract foodservice company whose Restaurant Associates division operates upscale restaurants, catering, and event venues inside hotels, museums, and corporate settings. Comparable managed-services and event catering model to LM.
• Sodexo (Entegra): Global food services and facilities management company with a hospitality segment providing outsourced F&B, catering, and event services to hotels and venues. Comparable in service offering though global in scale.

Direct peers

• Levy Restaurants: Largest outsourced hospitality F&B operator in the US, running restaurants, catering, and event venues inside hotels, stadiums, and convention centers. Directly comparable to LM's hotel F&B management and restaurant operations model at much larger national scale.
• Blue Plate Chicago: Chicago-based full-service catering and event company specializing in corporate, social, and wedding events across venues. Directly comparable to LM Catering & Events business line.
• Centerplate: Hospitality F&B provider specializing in hotels, convention centers, and arenas — operating restaurant, banquet, and catering services inside partner properties. Closely mirrors LM's hotel F&B outsourcing value proposition.

Regional players

• Boka Restaurant Group: Independent Chicago restaurant group operating multiple upscale restaurants and event-driven concepts in the Chicagoland market. Comparable as a multi-concept full-service restaurant operator in the same geography.
• Lettuce Entertain You Enterprises: Chicago-based independent restaurant group operating 60+ full-service restaurants and event venues in the Midwest. Comparable multi-concept restaurant and catering operator in the same Chicagoland market where LM operates.

Others

• Hilton F&B (in-house operations): In-house Hilton food & beverage operations teams at owned/managed properties. While not an external competitor for outsourcing contracts, Hilton's internal F&B capability is the alternative LM displaces when winning outsourced contracts at Hilton properties.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lm-restaurant-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries10 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 Lm Restaurant Group