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Qdoba’s buyer Butterfly Equity raises another $1 billion for food companies

The private equity firm, which owns Modern Restaurant Concepts, now has $4 billion in assets under management.


Butterfly Equity to acquire Qdoba

The private equity fund will merge the 750-unit burrito chain with Modern Market and Lemonade owner Modern Market Concepts.

What started early in the pandemic as a cheap, easy way to sell more wings and burgers is morphing into more-targeted digital menu offerings like melty cheese and loaded potatoes.

Silk had previously been VP of menu and off-premise operations for the 740-unit fast-casual chain.

These 10 chains serve the most craveable tacos, according to Technomic consumer data.

Williams had been a VP with the Mexican fast-casual chain since 2019.

He comes to the Mexican fast casual after serving as CDO for Carl’s Jr. parent CKE Restaurant Holdings.

Mexican Cauliflower Mash is a low-carb, keto-friendly option for the fast-casual chain.

Leviathan Winn becomes chief financial officer at the Mexican fast-casual brand.

Taste Tracker: New items bet on pumpkin and spice beyond lattes, accents from around the world, and the bolder the better.

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