Southpaw, a Quick Service Restaurant (QSR) operator supported by Balance Point Capital, has completed the acquisition of 39 Taco Bell establishments within the Atlanta metropolitan region in the United States.
Southpaw is a proactive purchaser of Taco Bell franchises. Founded in 2009, Southpaw presently manages a diverse portfolio consisting of over 180 Taco Bell and Dunkin’ establishments spread across eight states in the United States.
Balance Point Capital managing partner Seth Alvord said, “We are thrilled to continue our partnership with Southpaw on this transaction.
“We are strong believers in the Taco Bell brand and Southpaw has a proven track record as an innovative owner and operator of QSRs. We look forward to helping the Southpaw team implement its operational strategy and driving growth in the Atlanta market.”
Its plan involves expanding its presence through both acquisitions and the establishment of new units.
Southpaw Co-Founder Judd Wishnow said, “Balance Point has been a terrific partner to Southpaw and we are delighted to have them leading this new investment in the Atlanta market.
“This acquisition presents a meaningful opportunity to add geographic diversity and scale to our existing Taco Bell network and build upon the strong performance we’ve experienced in our other geographies.
“Balance Point’s speed of execution and knowledge of the industry were critical to completing this acquisition and we look forward to continued growth and success alongside the Balance Point team.”