Bubbakoo’s Burritios has been acquired by Thompson Street Capital Partners.
The Wall-based Mexican-fusion franchise eatery that was founded in 2008 has more than 130 locations in 15 states.
“From our earliest days in New Jersey to now having more than 130 locations across the country, we’ve been incredibly proud to see our vision resonate with guests, franchisees, and communities,” Bill Hart, co-founder of Bubbakoo’s said. “Our growth has always been grounded in our commitment to food quality, hospitality and a culture that values individuality and innovation.”
Terms of the transaction were not disclosed.
“Bubbakoo’s has created an innovative and compelling brand that resonates with a broad and growing customer base,” Bob Dunn, managing partner at TSCP said. “Bill and Paul have built something special—an exciting concept with strong franchisee relationships, consistent unit growth, and a passionate following. We are thrilled to partner with the team as they enter this next phase of expansion.”
“Thompson Street Capital Partners brings deep experience in scaling founder-led businesses and shares our passion for supporting franchisees and delivering great experiences to customers,” Paul Altero, co-founder of Bubbakoo’s added. “With their support, we’re confident Bubbakoo’s can accelerate its growth into new markets, invest in technology and infrastructure, and continue building a world-class franchise system.”
Sidley Austin acted as legal advisor to TSCP.
