Private equity firm buys 73 Taco Bell restaurants

New York equity firm Bessemer Investment Partners LLC has acquired the assets of KorMex Foods Inc. and formed a new portfolio company to operate 73 Taco Bell restaurants in the Houston area.

Holdings of the new MAS Restaurant Group LLC include two co-branded KFC and six co-branded Pizza Hut Express locations.

The company’s management team will include CEO Chad Motsinger, former chief operating officer at KorMex, and CFO Ben Walsh, former vice president of Financial Planning and Analysis at…

from Fort Lauderdale Real Estate News & Residential Real Estate News – Residential Real Estate News Headlines | Bizjournals.com & Banking & Financial News – Banking & Financial News Headlines | Bizjournals.com http://feeds.bizjournals.com/~r/industry_2/~3/wVPWQp7D7Fs/private-equity-firm-buys-73-houston-taco-bell.html
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