Local Favorite Restaurants Acquires 46-Unit Cotton Patch Cafe

Cotton Patch Cafe, a comfort food chain, has been acquired from Altamont Capital Partners by Local Favorite Restaurants.

Founded in 1989 by Larry Marshall and Michael Patranella, Cotton Patch Cafe operates 46 restaurants in Texas and New Mexico.

Dallas-based Local Favorite Restaurants, meanwhile, owns and operates more than 50 restaurant locations across its eight brands, plus Sunrise Mexican Foods, which produces chips, tortillas and other Mexican food products for retail and foodservice operators.

With the acquisition of Cotton Patch Cafe, Local Favorite Restaurants now owns 99 restaurants, creating growth opportunities for its concepts across Texas.

Brandon Coleman III, who led Cotton Patch Cafe as CEO, becomes CEO of Local Favorite Restaurants, overseeing its full fleet of Texas brands. Restaurateur Mike Karns will continue as founder and “free-range creative” of Local Favorite Restaurants.

“This acquisition is an important step for Local Favorite Restaurants and a natural fit for the kind of brands we want under our roof,” Karns says. “Cotton Patch Cafe has loyal guests, a proven track record and a Texas identity that gives it meaningful room to grow. We are excited to invest in the brand’s growth across Texas markets while honoring the heritage, hospitality and comfort food experience that made it a favorite in the first place.”