The Friedkin Group, Inc.
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| The Friedkin Group | |
| Private | |
| ISIN | 🆔 |
| Industry |
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| Founded 📆 | |
| Founder 👔 | Thomas H. Friedkin |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
Key people | Dan Friedkin (Chairman, CEO) |
| Members | |
Number of employees | |
| Divisions |
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| Subsidiaries |
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| 🌐 Website | friedkin.com |
| 📇 Address | |
| 📞 telephone | |
The Friedkin Group, Inc. (TFG), is an American multinational consortium of businesses and investments headquartered in Houston, Texas. TFG companies span across the automotive, entertainment, hospitality and sports sectors. Among their most prominent businesses are Gulf States Toyota, one of two private distributors of Toyota vehicles in the United States, and Italian Serie A club Roma, one of Europe's top football teams and among the world's 30 most valuable football clubs.[1]
In 1969, Thomas H. Friedkin - father of current chairman and CEO Dan Friedkin - formed a partnership with the Toyota Motor Corporation to launch a distribution network for Toyota vehicles and parts in the southern United States.[2] In the 1980s, TFG began to diversify their operations in the automotive sector through the establishment of insurance and financing services for Toyota customers, as well as the opening of a trucking division. Throughout the 1990s and 2000s, TFG continued to expand their dealership network of Toyota vehicles across the United States, including luxury subsidiary Lexus.[3] In the 2010s, TFG expanded rapidly to include businesses beyond their automotive portfolio, acquiring Auberge Resorts Collection - a group of luxury hotels, resorts and residences[4] - and establishing the film and television studio Imperative Entertainment,[5] which has gone on to produce films such as All the Money in the World (2017) and Killers of the Flower Moon (2023).[6]
The 2020s marked TFG's foray into the sports sector and saw their profile rise further with the acquisition of Roma from the American billionaire hedge fund manager James Pallotta.[7] In 2023, TFG added to their sports business portfolio by acquiring the French football club Cannes.[8]
TFG also engages in numerous philanthropic initiatives, most notably the Friedkin Conservation Fund, which works to preserve vulnerable wildlife areas in Africa by working with local authorities to facilitate anti-poaching operations and ensure the preservation of indigenous communities.[9]
The Friedkin Group currently employs over 5,900 people worldwide.[10] In 2022, TFG achieved revenues of $10.7 billion, topping the Houston Chronicle's list of 100 top private companies.[11]
References[edit]
- ↑ TEITELBAUM", "MIKE OZANIAN"," JUSTIN. "The World's Most Valuable Soccer Teams 2023". Forbes. Retrieved 2023-06-27.
- ↑ www.bizjournals.com https://www.bizjournals.com/houston/news/2017/03/23/founder-of-gulf-states-toyota-dies-at-81.html. Retrieved 2023-07-13. Missing or empty
|title=(help) - ↑ www.friedkin.com https://www.friedkin.com/timeline. Retrieved 2023-07-13. Missing or empty
|title=(help) - ↑ Resorts, Auberge. "Auberge Resorts Announces Strategic Investment From Friedkin Capital Partners". www.prnewswire.com (Press release). Retrieved 2023-07-13.
- ↑ Kroll, Justin (2014-03-12). "Dan Friedkin, Tim Kring, Zak Kadison and Bradley Thomas Form Imperative Entertainment". Variety. Retrieved 2023-07-13.
- ↑ "FilmAffinity". FilmAffinity. Retrieved 2023-07-13.
- ↑ East, Forbes Middle. "American Billionaire Dan Friedkin Buys AS Roma Football Club For $700M". Forbes ME. Retrieved 2023-07-13.
- ↑ Sim, Josh (2023-06-26). "AS Roma owners acquire French fourth-tier side AS Cannes". SportsPro. Retrieved 2023-07-13.
- ↑ www.friedkin.com https://www.friedkin.com/friedkin-family-initiatives. Retrieved 2023-06-27. Missing or empty
|title=(help) - ↑ "Careers Home | Friedkin Group Careers". Careers Home | Friedkin Group Careers. Retrieved 2023-06-27.
- ↑ Luck, Marissa (June 17, 2022). "Houston billionaire Dan Friedkin's conglomerate grows, diversifies as Toyota sales soar". Houston Chronicle.
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