(Nexxus Capital) December 8, 2011 – Nexxus Capital (“Nexxus”), through its funds IV and V, along with certain co-investors, announced that they have made an additional investment in Taco Holding, S.A. de C.V. in order to acquire three additional quick service restaurant brands:
- Neve Gelato, an ice cream parlor brand with over 20 stores in the main shopping malls in
- Cafe Diletto, a coffee company with over 100 stores situated mainly in wholesale stores in Mexico
- Sbarro Mexico, the master franchise of Sbarro Inc. in Mexico, a fresh Italian cooking fast food chain, with 18 stores in Mexico.
These concepts add up to the 3 previous concepts owned by Taco Holding: Arrachera House (fast food steak house), Sixties Burgers (fast food grilled burgers) and the master franchise for Mexico of Krispy Kreme Doughnuts as well as the Krispy Kreme stores in Mexico.
With these acquisitions, Taco Holding now operates 6 brands and more than 290 stores in Mexico.
The Company continues with its expansion plan by opening new stores of its current brands and is actively seeking new brands to add to its current portfolio.
About Taco Holding
Taco Holding was created as a holding company with the primary purpose of acting as a diversified platform of leading brands in the Quick Service Restaurant Industry in Mexico.
About Nexxus Capital
Nexxus Capital was founded in 1995 and is based in Mexico City. Nexxus is the largest Mexican private equity fund manager. Nexxus has delivered above the region average, unleveraged investment returns to investors, achieving an outstanding performance throughout its history and track record. Among its key investments are Desarrolladora Homex [BMV: HOMEX, NYSE:HXM], Genomma Lab Internacional [BMV: LAB], and Grupo Sports World [BMV: SPORT].
For further information on Nexxus Capital visit www.nexxuscapital.com