Denver, CO (September 11, 2015) - Headwaters MB Advised AUA Private Equity Partners & Triloma Capital on its acquisition of Tijuana Flats Burrito Co. The transaction will help expedite the growth of Tijuana Flats Burrito Co. as they expand the number of franchise units in the Southeast.
Tijuana Flats Chairman Camp Fitch, 63, said “we typically grow by 15 to 20 units a year. In the next five years, we will focus on the Southeast. We have the ability to do 300-350 units.”
There are more than 110 corporate and franchise locations in the Southeast, with 92 in Florida, including 24 in metro Orlando. Owners Brian Wheeler and Fitch will remain as board members, and Brad Kaemmer will remain as CEO.
Terms of the transaction were not disclosed.
About Headwaters MB
Headwaters MB is an independent, middle market investment banking firm providing strategic merger and acquisition advice, capital raising and special situations advisory. Named "Investment Bank of the Year" by major organizations for its third consecutive year, Headwaters MB is headquartered in Denver, CO with seven regional offices across the United States and partnerships with 18 firms covering 30 countries. For more information, visit www.headwatersmb.com.
About AUA Private Equity Partners
AUA Private Equity Partners, LLC (“AUA Equity”), based in New York, is an operationally-focused, lower middle-market private equity firm that makes equity investments in companies in the consumer, media and business services sectors with a particular focus on Hispanic-oriented companies and family-owned businesses located in the United States. For more information, visit www.auaequity.com.
About Triloma Capital
We have carefully crafted an experienced team of industry leaders in order to provide such opportunities with a fresh perspective. Our team is rooted in a culture that esteems integrity in all aspects of our business, resulting in the establishment of deep and lasting relationships. We are looking to create longstanding joint ventures with experienced and proven investment partners that share our values. Through such joint ventures, our platform will allow our investment partners to bring their best in class investment expertise to the broker/dealer community. Our many years of experience and deep relationships will allow for a streamlined process to bring the individual investor unique investment opportunities that typically have been available only to institutional investors. For more information, visit www.triloma.com.
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