Tradewinds signs LOI to acquire up to 10 Peppermint Hippo clubs; first target Toledo

Tradewinds Universal

Entered LOI with Scar Holdings (Peppermint Hippo) on Aug 19, 2025, to acquire up to 10 branded clubs; first is Peppermint Hippo Toledo.
Company cites U.S. bars & nightclubs market at $36-39B annually; gentlemen's club niche ~$8B.
Long-term goal to build a diversified nightlife conglomerate of as many as 100 clubs.
Acquisitions subject to due diligence, regulatory approvals, and definitive agreements; LOI non-binding.

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