Quick service restaurant (QSR) operator SWN (Southpaw), which is backed by Balance Point Capital, has acquired 39 Taco Bell units in the Atlanta metro area in the US .
Southpaw is an active acquirer of Taco Bell franchises. Established in 2009, Southpaw’s current portfolio includes more than 180 Taco Bell and Dunkin’ restaurants across eight US 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.”
It intends to further enhance its footprint through acquisitions and new unit developments.
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.
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By GlobalData“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.”