Jun. 20 at 12:52 PM
$RICK https://www.businesswire.com/news/home/20250616721096/en/RCI-Announces-Acquisition-of-Platinum-Plus-Gentlemens-Club-in-Allentown-PA
Eric Langan, President and CEO of RCI Hospitality Holdings, Inc., commented: “This is the sister club to the recently announced acquisition of Platinum West in South Carolina and the third club purchase since the recent launch of our 5-Year ‘Back to Basics’ Capital Allocation Plan.”
“Platinum Plus is a well-established business with a seasoned management team. The club adds to our six other locations in the Northeast states and should benefit from our marketing, purchasing and systems know-how.”
Mr. Langan added that executive management of the two Platinum clubs will stay on to ensure a smooth transition and look for new club acquisitions.
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