Alliance Hospitality Management has acquired Franklin-based GR Hospitality Group.
Terms of the deal are not being disclosed.
Relatedly, Raleigh, N.C.-based Alliance has added Greg Presley, Joe Reardon and Bob Keating.
As former president, founder and owner of GR Hospitality Group, Presley (pictured) will serve Alliance as executive vice president of operations. He has nearly 30 years of experience in the industry, spanning more than 14 hotel brands.
"Alliance is a top-tier organization with integrity at every level," Presley said in a release. "We are dedicated to a smart, simple and hands-on approach and believe in being three steps ahead of the competition at all times. Understanding our owner’s needs is a key metric to our success.”