Hoffmann co-CEO on the art of buying 10 business in 8 months

The M&A machine at the Hoffmann Family of Cos. has been running full-blast, with at least 10 acquisitions in the first eight months of 2024. The family-run conglomerate now has more than 100 global brands and employs 11,000 people with businesses in 30 countries and 400 locations worldwide. That includes 40 business in Southwest Florida with at least 2,000 employees, entities such as Hertz Arena, Naples Princess Cruises and The Old Collier Golf Club. Its founder and chairman, David Hoffmann, lives in Naples with his wife, Jerri Hoffmann. The couple, since moving to town in 2016, have become prominent philanthropists, with causes from the Boys and Girls Club of Collier County to Everglades Foundation, and, according to previous interviews, have invested some $500 million into Southwest Florida businesses and properties. Known as HF Companies, the business maintains an office on Fifth Avenue South in Naples.

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