Taco Bueno Gets New Owners

TPG Growth, a San Francisco-based private-equity firm, has acquired Taco Bueno Restaurants from Palladium Equity Partners, the New York firm that had owned the quick-service Tex-Mex chain since 2005. Terms of the deal were not disclosed.

Taco Bueno has 177 restaurants in Arkansas, Colorado, Kansas, Louisiana, Missouri, Oklahoma, and Texas. The Farmers Branch, Texas, chain, founded in 1967, reported systemwide sales of $208 million for the fiscal year ended December 2014.

TPG has investments in a range of foodservice and leisure-hospitality brands, including Burger King and Caesar’s Entertainment Corp.  “TPG Growth is the ideal partner to help us to continue our momentum and take Taco Bueno to the next level,” stated Taco Bueno CEO Mike Roper.