Portfolio

Tacala

Tacala

In 2012, we acquired Tacala, a quick-service restaurant platform in the Southeastern United States. Tacala is now the largest franchisee of Taco Bell restaurants in the country and also operates locations in the 7Brew system.

Investment Date
2012 (Original Investment)

2024 (Fund IV and Continuation Vehicle)
Exit Date
Active
Sector
Franchising & Multi-Unit
Website
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Vision

Build a premier QSR platform with scale across multiple category-leading brands.

Transform

Laid the groundwork for sustainable growth and operational excellence

  • Assembled a high-performing management team with deep operational expertise
  • Developed systems to identify and spread best practices across network of stores
  • Strengthened franchisor relationships to enable collaboration and long-term alignment

Scale

Accelerated growth across multiple levers in partnership with management

  • Built a new unit development tool and process that fueled a dramatic increase in organic growth rate
  • Executed strategic M&A to access new markets and capitalize on whitespace opportunities
  • Expanded into a second, high-growth brand, leveraging existing management capabilities to unlock additional scale and market potential

Results

  • 3x+ Revenue growth since original investment
  • 5x+ EBITDA growth since original investment
  • ~160 units at original investment to 400+ units today across both brands