Private equity firm bites into Torchy’s Tacos with ‘significant’ minority investment

Torchy’s Tacos, which Michael Rypka started in a food trailer more than a decade ago as a refuge from his previous gig as a corporate chef, is poised to rev up growth with a new financial backer.
The Austin-based restaurant chain now has 46 locations in Texas, Oklahoma and Colorado and just announced a "significant" investment from a New York City-based private equity firm. The deal is expected to close in the third quarter.
General Atlantic bought the minority stake for an undisclosed amount and…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/04/19/private-equity-firm-bites-into-torchys-tacos-with.html?ana=RSS%26s=article_search

#Austin Check out URLinkedUp > http://www.urlinkedup.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s