Target: Tacala LLC, Boom Foods, LLC
Price: $60 million
Sponsor: Altamont Capital Partners
Seller: Donald Ghareeb
Financial Adviser: Seller: Trinity Capital
Legal Adviser: Sponsor: Ropes & Gray; Seller: Paul Hastings LLP
Altamont Capital Partners on Dec. 20 bought Tacala LLC, a franchisee of Taco Bell restaurants, and a related company, Boom Foods LLC, a franchisee of Sonic drive-in restaurants, firm co-founder Jesse Rogers told Buyouts.Tacala operates 162 Taco Bells in the southeastern United States, mostly in Alabama, Georgia and Tennessee. Boom Foods operates 66 Sonics in the same region. A source close to the deal said that Altamont Capital invested about $60 million of ...