Deal snapshot: Butterfly to Acquire QDOBA to Form Fast Casual Restaurant Platform.
MANews-(C)2009-2022
US-based food-focussed private equity firm Butterfly has entered into a definitive agreement with funds managed by affiliates of Apollo to acquire California-based franchisor QDOBA, operating in the Mexican fast casual restaurant sector, the company said.
Terms of the transaction were not disclosed. The transaction is expected to close in 3Q22. The acquisition...
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