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Osi, LLC history
Osi, LLC company history timeline
At the time, the 1986 movie Crocodile Dundee had recently been released and become a big hit.
Late in 1991, Outback’s three founders, whose ownership stakes totaled 40 percent each for Sullivan and Basham, with the remaining 20 percent held by Gannon, decided to go public.
Janofsky, Michael, “On the Menu, Steak Bucks Trend,” New York Times, January 25, 1993.
The company added two new locations in Houston in 1993, and laid plans to open six to eight more in Texas and Florida in the following year.
Outback continued its brisk pace of expansion in 1994.
International expansion of the Outback concept began in 1996 with the opening of the first unit in Canada.
In 2000 Outback opened two Fleming’s and three Roy’s, as well as the first Zazarac and another internally developed concept, Lee Roy Selmon’s, billed as “Southern Fare with a Flair,” both of which opened in Tampa.
In 2001 a partnership was formed with the owners of Bonefish Grill to take the two-year-old Tampa Bay restaurant nationwide.
By this point, Outback Steakhouse accounted for about 69 percent of sales at companyowned restaurants, compared to 81 percent in 2003, but some of that shift was due to declining sales at Outback, which had become stale over time and management struggled to find a way to revitalize.
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Osi, LLC competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Geminus | 1992 | $44.1M | 222 | - |
| Metris | 1995 | - | 751 | 3 |
| Duncan Solutions | 1936 | $1.5M | 50 | - |
| Integrity Solution Services, Inc. | 1993 | $230.0M | 3,000 | 16 |
| ERC | 1977 | $75.0M | 1,153 | 2 |
| Convergent Outsourcing Inc | 1972 | $1.3B | 3,000 | - |
| Equiant | 2004 | $4.0M | 50 | - |
| Medusind | 2002 | $550.0M | 900 | 7 |
| Canon | 1937 | $3.8B | 11,167 | 783 |
| Green Tree Credit Solutions | 2009 | $490,000 | 35 | - |
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Osi, LLC may also be known as or be related to OSI and Osi, LLC.