Tex-Mex brand Taco Bueno has been acquired by TPG Growth, an investment arm of private-equity firm TPG, the buyer announced today.
Through the acquisition, the 177-unit chain, which operates units in seven states, plans to grow its presence in new and current markets.
“TPG Growth is the ideal partner to help us to continue our momentum and take Taco Bueno to the next level,” said Taco Bueno CEO Mike Roper. “Their experience helping to build some of the most iconic consumer brands in the world, as well as their experience with leading QSRs, will be extremely valuable as we look to accelerate growth while maintaining the high-quality experience that keeps our customers coming back.”
Terms of the deal were not disclosed.