Altamont Capital Buys Fast Food Franchisees, Plows Through Fund

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 ...

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period


Request Trial

If you already have an active Buyouts subscription, please sign in to view this article.