LGBTQ Hospitality Group acquires 49% stake in Pitchers and ALOHO
HV Entertainment, an LGBTQ-focused hospitality company, has partnered with D.C. bar operator Dave Perruzza to acquire a 49% stake in Pitchers, a well-known LGBTQ sports bar in Adams Morgan. Its adjacent lesbian venue A League of Her Own (ALOHO). Perruzza will continue to oversee operations as the agreement places HV Entertainment as a minority partner, expanding the company’s footprint into the Washington, D.C. market.
What changed in the deal
Under the agreement, HV Entertainment now holds 49% of Pitchers and ALOHO, while Perruzza retains a 51% majority stake. HV Entertainment gains a foothold in the D.C. nightlife scene with minority ownership, which may influence decisions around events, branding, and expansion within the two venues. The arrangement includes an option for HV Entertainment to buy Perruzza’s remaining stake in the future, allowing further ownership changes if pursued.
Who is affected
Local patrons of Pitchers and ALOHO will notice continued operation under Perruzza’s leadership, while HV Entertainment adds a minority investor that could shape programming and partnerships. The move affects staff and suppliers as ownership shifts often lead to changes in management decisions, hiring, and vendor relationships. For the LGBTQ nightlife community in D.C., the deal signals continued support from a company focused on keeping LGBTQ spaces in community hands.
Practical next steps
Patrons can expect routine operations without immediate disruption to services. If you’re planning events or partnerships, monitor for announcements from Pitchers and ALOHO about new collaborations or special nights tied to HV Entertainment’s portfolio. Staff and vendors should stay alert for any changes in procedures or contact points as ownership evolves. For investors or researchers, note the minority stake structure and the potential for further buyout of Perruzza’s remaining shares in the future.
Limits and questions
Details on financial terms beyond the 49% stake and the timing of future buyout are not provided. The arrangement describes a minority partnership, which typically limits HV Entertainment’s control but can influence major decisions through board representation or agreements. Questions to seek reliable updates include the exact governance roles for HV Entertainment, any new branding or programming plans, and how minority ownership will influence community outreach or safety initiatives at the venues.
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