What is OTG?
Founded in 1996 and headquartered in New York City, OTG operates at the intersection of hospitality and travel technology. The company manages a diverse portfolio of restaurants, bars, and eateries across major airports, distinguishing itself through the deployment of proprietary software that enhances the traveler journey. Key offerings include interactive visual menus, real-time flight tracking, and seamless language support, all designed to optimize terminal throughput and passenger satisfaction. By integrating these digital touchpoints into the physical dining experience, OTG has established a unique competitive moat that differentiates it from traditional airport concessionaires.
How much funding has OTG raised?
OTG has raised a total of $1.5B across 3 funding rounds:
Private Equity
$250M
Debt
$2M
Debt
$1.3B
Private Equity (2016): $250M with participation from Harvest Partners
Debt (2020): $2M led by PPP
Debt (2021): $1.3B supported by OAK HILL ADVISORS, Centerbridge Partners, Oaktree, Sculptor Capital, and CPPIB Credit Americas
Key Investors in OTG
Harvest Partners
An established New York-based private equity firm focusing on middle-market companies across business services, healthcare, and industrial sectors, leveraging 40 years of experience in organic and acquisition-oriented growth.
OAK HILL ADVISORS
A specialized investment firm operating within the banking and credit markets, providing essential capital support for large-scale enterprise operations.
Centerbridge Partners
A private investment management firm that employs a cross-asset approach, focusing on private equity, credit, and real estate strategies to drive portfolio oversight and long-term value.
What's next for OTG?
Looking ahead, the strategic deployment of the $1.3B capital is expected to focus on the modernization of terminal infrastructure and the expansion of OTG's digital ecosystem. As global travel volumes continue to stabilize and grow, the company is well-positioned to leverage its technological assets to drive operational efficiency and revenue growth. Future initiatives will likely prioritize the integration of advanced data analytics to personalize the passenger dining experience further, while simultaneously exploring new partnerships to scale its footprint in key international transit hubs. The firm's ability to maintain strong relationships with major credit and equity partners remains a cornerstone of its long-term growth strategy.
See full OTG company page
