Austin - Masoom Ventures, the Houston-based private equity firm, is excited to announce its recent acquisition of the “Hookah Buzz” lounge, part of HMS Endeavors, LLC. HookahBuzz was founded in 2017 and is now the second largest Shisha Café in Austin, TX. Focusing on delivering the best hangout experience while enjoying the Hookah, it offers practical and promising grounds for further development.
HookahBuzz has shown to possess a consistent revenue stream prior to the acquisition. Masoom Ventures finds in this company an incredible opportunity for the improvement and development of their lounge. “We truly believe that we can trifold the revenue stream by bringing new products and services to cater the wants of our customers. Masoom Ventures looks forward to providing capital and resources to further enable HookahBuzz to pursue its mission in the field of food and drinks, and meet the growing demands of this exciting market.”
Founded in 2017, Hookah Buzz has a core mission of providing the best hangout experience by serving Hookahs in a clean and relaxed environment. HookahBuzz is much more than a standard Hookah Lounge, it is a place for people to socialize, connect and appreciate music while enjoying their Hookah. It is a creative and vibrant environment, and a key contributor to the leisure industry in Austin.
Based in Houston, Texas, Masoom Ventures is a private equity firm managing approximately $2 million in aggregate capital commitments. At Masoom, we focus on investing equity where we believe our expertise and access to unparalleled resource can make an outsized impact on a company's growth trajectory. We work with a great collaborative spirit, creating highly communicative partnerships with our fellow companies. We aim to deliver higher value for our partners by striving to achieve innovation and operational excellence.
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