Altamont Capital Acquires Taco Bell, Sonic Franchisees
December 27, 2012
Altamont Capital Partners has acquired Tacala and Boom Foods, two Alabama-based franchisees of Taco Bell and Sonic Drive-In restaurants. Tacala operates 162 Taco Bell restaurants in Alabama, Georgia, Tennessee, Kentucky, Virginia, and North Carolina with a significant presence in each of its local markets. Boom Foods operates 66 Sonic restaurants in Alabama, Georgia, Tennessee, and Virginia. The sister businesses, which will operate under the same management, will look to grow through new store development and acquisitions.