LAKE FOREST, Calif.--(BUSINESS WIRE)--
Del Taco Restaurants, Inc. (NASDAQ:TACO), the second largest
Mexican-American QSR chain by units in the United States, is pleased to
announce that the company was named a winner in the fourth annual Franchise
Times Dealmakers awards, recognizing the boldest players driving
mergers and acquisitions in franchising.
The twelve 2016 Dealmakers award winners were selected by a panel of
judges for showing creativity and sophistication in driving and
executing the best franchise deals of the year. Del Taco was recognized
for its successful June 2015 merger with Levy Acquisition Corp. (LAC)
which resulted in Del Taco becoming a public company.
“Our merger with LAC marked a significant milestone for Del Taco as it
facilitated our entrance into the public markets,” said Paul J.B.
Murphy, III, President and Chief Executive Officer of Del Taco. “This
transaction has given us access to new resources, providing Del Taco and
our franchise partners with unique strategic advantages on many levels,
as we continue to expand across the nation. We are honored to receive
this award and the industry’s recognition of our incredible success
to-date.”
“We recognized the opportunity to invest in the iconic Del Taco brand as
a smart business decision and continue to see great potential in this
growing company. We are thrilled to have joined Del Taco on their
journey as a publicly traded company and look forward to the future as
we continue to carve out a unique space in the industry by providing an
elevated QSR experience,” added Larry Levy, Chairman of Del Taco.
The fourth annual, 2016 Franchise Times Dealmakers awards drew a record
number of submissions. Award winners were selected by a prestigious
panel of judges, all experts in franchise M&A, from finalist nominations
solicited by Franchise Times in the fourth quarter. The
presentation of the 2016 Franchise Times Dealmakers awards will
take place on Tuesday, March 15, 2016, at a gala awards luncheon, a
highlight of the Franchise Times Finance & Growth Conference at the
Cosmopolitan in Las Vegas. During the luncheon, the award winners will
participate in a special panel to discuss the year’s most significant
deals and the highly-anticipated 2016 Deal of the Year will also be
revealed.
About Del Taco Restaurants, Inc.
At Del Taco (NASDAQ: TACO, TACOW) all menu items taste better because
they are made to order with fresh ingredients including cheddar cheese
grated from 40-pound blocks, handmade pico de gallo salsa, lard-free
beans slow-cooked from scratch, fresh sliced avocado and marinated
chicken and carne asada grilled in the restaurant. The menu, which
includes a full line of breakfast, includes classic Mexican dishes such
as tacos, burritos, quesadillas and nachos as well as American favorites
including hamburgers, crinkle-cut fries and shakes. Del Taco's
UnFreshing Believable campaign communicates the lengths the company goes
to in order to deliver quality, made-to-order menu items created with
freshly-prepared ingredients at unbelievable prices. With nearly 550
restaurants in 16 states, Del Taco serves more than three million guests
each week. Stay up to date by following Del Taco on Twitter, Facebook
and Instagram or visit www.deltaco.com
for more information.
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Source: Del Taco Restaurants, Inc.