Orangewood Partners and ABDD Capital's ABTB Acquires Eight Taco Bell Restaurants in Louisville, KY

Orangewood Partners Sells Kentucky-Based Taco Bell Franchisee ABTB

February 1, 2023

Restaurants & Hospitality

Orangewood Partners announced the divestiture of its Kentucky-based Taco Bell franchisee, ABTB. Financial terms were not disclosed; ABTB was formed in 2018 in partnership with Southpaw and grew to operate ~39 Taco Bell locations in the Greater Louisville, Kentucky market before the exit.

Balance Point Invests in ABTB to Support Acquisition of 39 Taco Bell Restaurants in Atlanta

September 28, 2023

Restaurants & Hospitality

Balance Point Capital provided a follow-on equity investment in ABTB Mid-Atlantic Holding Company, LLC to support the acquisition of 39 Taco Bell restaurants in the Greater Atlanta metro. The stores will be operated by experienced QSR operator SWN LLC (Southpaw), which currently runs 180+ Taco Bell and Dunkin' locations and partners with Balance Point to expand its footprint.

Balance Point Capital Equity Investment in ABTB Mid-Atlantic Holding Company (Taco Bell Portfolio)

January 18, 2022

Restaurants & Hospitality

Balance Point Capital (via affiliated funds) made an equity investment in ABTB Mid-Atlantic Holding Company, LLC, a portfolio owner of Taco Bell, Pizza Hut and KFC restaurants across Northern Virginia and the DC‑Metro area. The company is managed by QSR operator SWN LLC (Southpaw), which operates over 135 restaurants and will work with Balance Point to support continued acquisitions and new-unit development in the Mid‑Atlantic.

Orangewood Partners Acquires Pacific Bells

November 11, 2021

Restaurants & Hospitality

Orangewood Partners has acquired Pacific Bells, one of the largest Taco Bell franchisees in the U.S., from Partners Group. Pacific Bells’ founder and CEO Tom Cook and the management team will retain a significant minority stake and continue to operate the business as Orangewood supports further expansion across existing and new markets.

Mubadala Capital Acquires K-MAC Enterprises

October 14, 2021

Restaurants & Hospitality

Mubadala Capital, the Abu Dhabi-based asset management subsidiary of Mubadala Investment Company, has acquired K-MAC Enterprises — the second-largest Taco Bell franchisee in the United States — from Lee Equity Partners Opportunities Fund in partnership with K-MAC's existing management team. K-MAC operates over 300 Taco Bell restaurants primarily in the Midwestern and Southern United States; Mubadala said the acquisition will support K-MAC's next phase of growth, including expanded use of technology and new concepts and formats.

Tasty Chick'n (Triton Pacific Affiliate) Acquires Portfolio of 90 Franchised KFC and KFC/Taco Bell Restaurants

January 18, 2022

Restaurants & Hospitality

Triton Pacific Capital Partners' portfolio company, Tasty Chick'n, LLC, acquired a portfolio of 90 franchised KFC restaurants across eight U.S. states, including 15 co-branded KFC/Taco Bell locations. The transaction expands Tasty Chick'n's quick-service footprint and serves as an add-on to the firm's restaurant platform managed by Tasty Restaurant Group.