TORONTO — La Fenice, an Italian restaurant that’s called Toronto’s entertainment district home for the past 35 years, has announced a shift in ownership.
The restaurant has been a family business since it opened in 1984. Its owner, Luigi Orgera, later passed the reins to his daughter and her husband, Rita and Rocco Fosco.
“La Fenice has been my family business for over 35 years and it’s always hard to say goodbye,” says Rita Fosco. “Rocco and I would like to thank all our wonderful guests for allowing us to be a part of their lives and will truly miss them as we embark on this next chapter.”
The couple have sold the restaurant to Toronto-based technology company, Givex, which has been a provider of point-of-sale technology for more than 20 years and has been an investor in La Fenice for the past two years.
Givex plans to continue operating the restaurant, with 12-year La Fenice veteran Greg Butters as restaurant director and 20-year veteran Thabo Sivanesan as head chef and kitchen manager.