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Taco Bell Corp. [5] is an American multinational chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California. [6] Taco Bell is a subsidiary of Yum!
A year later, PepsiCo purchased Taco Bell from founder Glen Bell. [4] In July 1986, R. J. Reynolds sold KFC to PepsiCo [4] to pay off debt from its recent purchase of Nabisco. In 1990, Hot 'n Now was acquired via Taco Bell from William Van Domelen, [5] but the company was sold in 1996. [6] In 1992, PepsiCo acquired California Pizza Kitchen.
On 6 September 2018, Collins Foods announced that it has purchased the franchise rights to Taco Bell in Australia. [21] Collins now has plans to roll out 50 Taco Bell stores across Australia over the next 5 years. [21] As of 22 October 2023, Collins Foods operates 27 Taco Bell restaurants in Australia. [12]
In July 2014, JANA announced a 10% share in Petsmart, despite the company's poor prospects at the time. The hedge fund pushed Petsmart towards a sale, and the company was bought in December for $8.7 billion by a group of buyers led by BC Partners. [7] [8] The firm has been highly involved in the food sector. [9]
TA Associates Management, L.P. is an American private equity firm and was one of the early modern-era private equity firms in the United States. [3] The firm leads buyouts and minority recapitalizations of profitable growth companies. TA invests across five industry groups: technology, healthcare, consumer products, financial services and ...
The company was founded in 1947 [11] by Bill (William) Moore and Frank Streeter and began as a small meat company to supply products to Los Angeles area restaurants and hotels. It is a 100% management-owned and -operated company. [11] In the early 1950s, it started providing meat products to McDonald's Corporation. [12]
In February 2018, Chipotle announced that Taco Bell CEO Brian Niccol would replace Ells as CEO starting on March 5 while Ells would retain his chairman position. [45] Many industry analysts praised Niccol's appointment saying that Chipotle "needed new blood". [46] Chipotle stock went up $30.27, or 12.04%, as a result of the announcement.
TPG Inc., previously known as Texas Pacific Group and TPG Capital, [3] is an American private equity firm based in Fort Worth, Texas. [2] TPG manages investment funds in growth capital, venture capital, public equity, and debt investments.