Smith & Wollensky’s $90M sale marks well-done power play by Patina Group

Smith & Wollensky’s $90M sale marks well-done power play by Patina Group

Stick a fork in it. It’s a done deal. Smith & Wollensky, one of the more highly regarded luxury-steakhouse brands in the country, finally has been sold for more than $90 million to a consortium consisting of Patina Restaurant Group principals Nick Valenti and Joachim Splichal and private-equity firm Bunker Hill Capital LP.

After what began earlier this year as a

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