Pride Holdings Group Acquires Trevi Lounge, Strengthening LGBTQ+ Hospitality Portfolio

Pride Holdings Group (OTC: PHSE), a diversified holding company targeting high-growth opportunities in hospitality, entertainment, and consumer brands, announced the acquisition of Trevi Lounge, a prominent nightlife venue within the LGBTQ+ community. The deal, disclosed on June 11, 2026, marks a continued push to consolidate premier hospitality assets that combine cultural relevance with strong financial performance.

Trevi Lounge brings a loyal customer base, consistent revenue, and a recognized brand identity that aligns with PHG's long-term vision, according to the company. “Trevi Lounge is exactly the type of asset we seek – culturally significant, operationally sound, and positioned for scalable growth,” said Tim Majors, Chief Operating Officer of Pride Holdings Group. “This acquisition enhances our hospitality portfolio while reinforcing our commitment to investing in iconic venues that serve as community pillars.”

PHG plans to apply its operational expertise and capital resources to optimize Trevi Lounge's performance through strategic marketing, enhanced programming, and potential brand expansion. The company also intends to explore synergies across its broader portfolio to drive incremental revenue and margin improvement. The addition underscores PHG's disciplined acquisition strategy focused on undervalued or undercapitalized assets with strong upside potential.

Pride Holdings Group is a publicly traded holding company focused on acquiring, operating, and scaling LGBTQ+ oriented hospitality, nightlife, entertainment, and real estate assets. Through its portfolio, the company aims to create safe, inclusive, and economically sustainable community spaces while delivering long-term shareholder value.

For more information, visit the company's website at https://www.prideholdingsgroup.com.