K-MAC Buys 21 Taco Bell Restaurants in Oklahoma City Market

by Lee Hogan  on Tuesday, Apr. 1, 2014 9:15 am  

One of the larger restaurant franchisee businesses in the country has added to its operation.

K-MAC Holdings Corp. of Fort Smith acquired 21 Taco Bell restaurants from Ricksim Inc., a Taco Bell restaurant franchisee in the Oklahoma City market, on Tuesday.

K-MAC is owned by Brentwood Associates, a private equity investment firm in Los Angeles. K-MAC is one of the larger Taco Bell franchisees in the country. 

"We are privileged to be able to continue to support the growth of a great company in K-MAC and a fantastic brand in Taco Bell," Brentwood Associates managing director Rahul Aggarwal said in a news release.

Before Tuesday's acquisition, it operated 275 YUM! brand restaurants in the Taco Bell and KFC systems, and six Golden Corral restaurants.

"This acquisition brings K-MAC's restaurant count to 56 across the state of Oklahoma, and it will allow us to pursue additional new unit development opportunities in the market," K-MAC president and CEO Sam Fiori said.

K-MAC, founded in 1964, has restaurants throughout the south central region of the country with establishments in Arkansas, Indiana, Illinois, Kentucky, Missouri, Mississippi, Oklahoma, Tennessee and Texas.

 

 

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