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// Workers AI · dad joke modeWhat did Steve Salis say to the pizza? "Salis-fy your hunger"?

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From Wikipedia, the free encyclopedia
Steve Salis
Born1983 (age 42–43)
Nashua, New Hampshire
EducationUniversity of New Hampshire
OccupationEntrepreneur
Known forCo-founder, &pizza

Steve Salis (born 1983) is an American entrepreneur, businessman and investor. He is the owner of Salis Holdings, the founder and CEO of hospitality platform Catalogue and Sizzle Acquisition Corp., the SPAC platform that in 2024 completed a business combination with European Lithium Limited to create Critical Metals Corp. He is also the co-founder of &pizza.

Early life

[edit]

Salis was born in Nashua, New Hampshire in 1983 to a working-class family.[1] His father operated a gas station and his mother worked a variety of jobs. He attended the University of New Hampshire on a basketball scholarship, studying economics and business administration before leaving school and relocating to New York City, where he supported himself working in nightlife as a doorman before transitioning into hospitality.[2]

Career

[edit]

Salis began his career in the fashion industry in New York City before transitioning into hospitality consulting, advising restaurants and bars on operations, management and growth.[2]

&pizza

[edit]

In 2012, Steve Salis co-founded &pizza alongside Michael Lastoria while in his mid-20s.[3] Salis was the CEO from its inception until 2015.[4][5] In 2017, &pizza advocated a cause in Congress, a $15 minimum wage by 2023.[6][7][8] Salis remained the major shareholder in the company until 2019, when he divested his holdings for an undisclosed sum.[9]

Salis Holdings

[edit]

In 2015, Salis founded Salis Holdings, a diversified investment company based in the Washington, D.C. metropolitan area.[10] Through Salis Holdings, he has accumulated a portfolio of restaurant, hospitality and consumer brands, alongside real estate assets and a range of other investments.[11]

The company operates Catalogue, a hospitality platform designed to provide centralized operational, financial, technology, marketing and growth support services across portfolio companies.[12]

Brands associated with Catalogue include Ted's Bulletin, Kramers Bookstore,[12] Federalist Pig, and Honeymoon Chicken.[13][14]

Kramers, formerly known as Kramerbooks & Afterwords, is an independent bookstore, restaurant and bar in Washington, D.C.'s Dupont Circle neighborhood.[15][16] Founded in 1976 by Bill Kramer, David Tenney and Henry Posner,[17][18] the business became known as a local meeting place for residents, authors and political figures.[17] It was the first combined bookstore and café in Washington, D.C.,[19] and its Afterwords café later became a model for other bookstores seeking to give customers a place to sit and read.[17] In 2016, Salis agreed to acquire the business, with co-founder David Tenney initially retaining a part-ownership stake.[20][21] Washingtonian later reported that Salis became sole proprietor in October 2017, buying out the remaining original owner.[17][22] Under Salis's ownership, Kramers rebranded its restaurant component from Afterwords Café to All Day by Kramers[15][18] and in 2021 expanded into an adjoining storefront at 1521 Connecticut Avenue NW to add a bar.[23]

Federalist Pig and Honeymoon Chicken have received Michelin Bib Gourmand designations.[24][25][26]

In August 2026, Salis purchased the former Woodmont Grill property in Bethesda, Maryland from Hillstone Restaurant Group for $7million, for a Ted's Bulletin location scheduled to open in 2027.[27][28]

Real estate

[edit]

In addition to hospitality and public markets investments, Salis has invested in and acquired a number of real estate projects in the Washington, D.C. metropolitan area. [29]

In 2018, Salis invested in the development of several single-family homes on Foxhall Road in Washington, DC's Palisades Neighborhood. Defects found on the properties prompted lawsuits by new owners alleging poor workmanship and claimed $4 million in damages.[30]

SPACs and public markets

[edit]

In 2021, Salis launched Sizzle Acquisition Corp., a special-purpose acquisition company (SPAC) focused on acquisitions within consumer and retail sectors. The company completed an upsized $158 million initial public offering on Nasdaq, trading under the ticker SZZLU.[31][32]

In 2022 Salis announced a nearly billion-dollar lithium battery merger in the public market space through Sizzle Acquisition Corp.[33][34] In February 2024, Sizzle Acquisition Corp. completed its business combination with European Lithium Limited, creating Critical Metals Corp.[35]

In April 2025, Salis launched Sizzle Acquisition Corp. II. The company completed a $230 million initial public offering on Nasdaq under the ticker SZZL.[36][37]

In April 2026, Sizzle Acquisition Corp. II announced a definitive business combination with Trasteel Holding S.A.,a global industrial and commodity trading platform, implying a pro forma enterprise value of approximately $1.3 billion, with the combined company expected to list on NASDAQ under the ticker TSTL.[38][39]

References

[edit]
  1. ↑ Carman, Tim (2021-10-23). "&pizza co-founder Steve Salis has big plans for Ted's Bulletin, Kramerbooks and life in D.C." Washington Post. ISSN 0190-8286. Retrieved 2023-10-03.
  2. 1 2 "How a Nightclub Doorman/Model Became a DC Restaurateur, Real Estate Player, and Bookstore Owner - Washingtonian". 2018-01-19. Retrieved 2023-10-03.
  3. ↑ Metcalf, Andrew (2014-05-12). "&pizza Opens on Old Georgetown Road". MoCo360. Retrieved 2023-09-30.
  4. ↑ Metcalf, Andrew (2015-05-29). "&pizza Founder Out as CEO". MoCo360. Retrieved 2023-10-03.
  5. ↑ "Co-founder of hip D.C.-based pizza chain out as CEO". www.bizjournals.com. Retrieved 2023-10-03.
  6. ↑ ""We Want To Be The Best Neighbors": &pizza Reinvents The Pizza Parlor". Fast Company. 2017-10-31.
  7. ↑ Borchardt, Debra. "&pizza Heads To NYC With A Slice Of Social Consciousness". Forbes. Retrieved 2023-10-01.
  8. ↑ Taylor, Kate. "Meet the CEO of an up-and-coming pizza chain who is actually fighting to raise the minimum wage". Business Insider. Retrieved 2023-10-02.
  9. ↑ "&pizza makes leadership changes as it looks to double in size". www.bizjournals.com. Retrieved 2023-10-03.
  10. ↑ Kelso, Alicia. "Why Salis Holdings Is Leveraging The Restaurant Acquisitions Market". Forbes. Retrieved 2023-10-03.
  11. ↑ "Steve Salis is bullish on growth in the Washington, D.C. area under platform company Catalogue". Nation's Restaurant News. 2022-04-18. Retrieved 2023-09-30.
  12. 1 2 "How a Nightclub Doorman/Model Became a DC Restaurateur, Real Estate Player, and Bookstore Owner - Washingtonian". 2018-01-19. Retrieved 2023-10-02.
  13. ↑ Carman, Tim (2022-07-05). "Review | Honeymoon Chicken aims high — and hits its mark". Washington Post. ISSN 0190-8286. Retrieved 2023-10-02.
  14. ↑ "Honeymoon Chicken, from a DC pitmaster, comes to Petworth". WTOP News. 2022-01-11. Retrieved 2023-09-30.
  15. 1 2 Sidman, Jessica (2020-07-30). "Kramerbooks Rebrands as Kramers, Will Add Flower and Barber Shops - Washingtonian". Retrieved 2026-08-27.
  16. ↑ Petworth, Prince Of (2020-11-10). "Kramerbooks officially changes name to Kramers - PoPville". Retrieved 2026-08-27.
  17. 1 2 3 4 Russo, Richard. "Shelf Awareness for Thursday, April 17, 2025". www.shelf-awareness.com. Retrieved 2026-08-27.
  18. 1 2 "The Pandemic-Inspired Reinvention of One of DC's Most Beloved Bookshops". InsideHook. Retrieved 2026-08-27.
  19. ↑ Bookstore, Interview with a (2016-01-19). "Interview with a Bookstore: Kramerbooks & Afterwords". Literary Hub. Retrieved 2026-08-27.
  20. ↑ Rosen |, Judith. "New Owners for Village Books and Kramerbooks Early Next Year". PublishersWeekly.com. Retrieved 2026-08-27.
  21. ↑ Bhattarai, Abha (2016-11-18). "After 40 years, Kramerbooks gets a (young) new owner". The Washington Post. ISSN 0190-8286. Retrieved 2026-08-27.
  22. ↑ Sidman, Jessica (2018-01-19). "How a Nightclub Doorman/Model Became a DC Restaurateur, Real Estate Player, and Bookstore Owner - Washingtonian". Retrieved 2026-08-27.
  23. ↑ Nagamatsu, Sequoia. "Shelf Awareness for Tuesday, December 14, 2021". www.shelf-awareness.com. Retrieved 2026-08-27.
  24. ↑ "2020 MICHELIN Guide D.C. Features 10 New Bib Gourmands, 26 Cuisine Types" (Press release). Michelin North America. September 23, 2019. Retrieved August 27, 2026 – via PR Newswire.
  25. ↑ "Michelin adds 4 DC restaurants to its Bib Gourmand list". WTOP News. April 2022. Retrieved August 27, 2026.
  26. ↑ "Where to Get Michelin Bib Gourmand-Approved Lunch and Brunch Around DC". Washingtonian. May 9, 2022. Retrieved August 27, 2026.
  27. ↑ "Ted's Bulletin owner Steve Salis buys former Woodmont Grill in downtown Bethesda for $7M". Washington Business Journal. 2026-08-26. Retrieved 2026-09-14.
  28. ↑ Spiegel, Anna (2026-08-26). "Ted's Bulletin has big plans for Woodmont Grill's former home". Axios. Retrieved 2026-09-14.
  29. ↑ Sidman, Jessica (2018-01-19). "How a Nightclub Doorman/Model Became a DC Restaurateur, Real Estate Player, and Bookstore Owner - Washingtonian". Retrieved 2026-08-27.
  30. ↑ "A Real Estate Nightmare on Foxhall Road - Washingtonian". 2022-04-13. Retrieved 2024-12-16.
  31. ↑ "Sizzle Acquisition Corp. Announces Closing of Upsized $155 Million Public Offering". Nasdaq. November 8, 2021.
  32. ↑ "$135,000,000 Sizzle Acquisition Corp". www.sec.gov. Retrieved 2026-08-27.
  33. ↑ Ramkumar, Amrith (2022-10-24). "Upstart European Lithium Is Valued at $970 Million in Deal for U.S. Listing". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-10-01.
  34. ↑ "European Lithium to merge with Sizzle Acquisition to form exploration firm". Reuters. 2022-10-26. Retrieved 2023-10-01.
  35. ↑ "Sizzle Acquisition Corp. Completes Business Combination with Critical Metals Corp". U.S. Securities and Exchange Commission. February 27, 2024. Retrieved August 27, 2026.
  36. ↑ II, Sizzle Acquisition Corp (2025-04-03). "Sizzle Acquisition Corp. II Completes $230,000,000 Initial Public Offering". GlobeNewswire News Room. Retrieved 2026-08-27.
  37. ↑ tigerbrokers. "Sizzle Acquisition Corp. Ii Completes $230,000,000 Initial Public Offering". Tiger Brokers. Retrieved 2026-08-27.
  38. ↑ Canu, Giacomo (2026-04-13). "Trasteel Agrees to Go Public Through SPAC Sizzle II". Trasteel. Retrieved 2026-08-27.
  39. ↑ Capital, Young America. "Young America Capital Advises Trasteel Holding S.A. on $1.3 Billion Nasdaq Business Combination". www.prnewswire.com. Retrieved 2026-08-27.
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