‘Damn Good Taco’ Maker Torchy’s Sells Stake to General Atlantic
- Austin-based chain opened 12 new locations this year
- Company said to consider a public offering as soon as 2021
Source: Success Foods Management Group
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Looking for a growth business in a global pandemic? Try tacos.
Torchy’s Tacos, the restaurant chain that started as an Austin food trailer in 2006, sold an additional stake to an investor group led by private equity firm General Atlantic for about $400 million, as the maker of what it calls “damn good tacos” plans an aggressive expansion.