date:Dec 20, 2013
Alabama-based Altamont Capital Partners and its portfolio company Tacala have acquired Austaco, which operates 80 Taco Bell restaurants in Austin, Waco and surrounding markets in the US.
With this acquisition, Tacala will become the largest franchisee in the Taco Bell system, owning and operating approximately 250 Taco Bell restaurants.
Following the acquisition, Tim Morrison and Joey Pierson, will continue to serve as Tacala's president and CFO, respectively while Austaco's core team will man