M&A Deal Summary

Altamont Capital Partners Acquires Cotton Patch Cafe

On February 13, 2015, private equity firm Altamont Capital Partners acquired restaurant Cotton Patch Cafe

Acquisition Highlights
  • This is Altamont Capital Partners’ 2nd transaction in the Restaurants sector.
  • This is Altamont Capital Partners’ 19th transaction in the United States.
  • This is Altamont Capital Partners’ 3rd transaction in Texas.

M&A Deal Summary

Date 2015-02-13
Target Cotton Patch Cafe
Sector Restaurants
Buyer(s) Altamont Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Piper Sandler & Co. (Financial)
Locke Lord (Legal)

Target

Cotton Patch Cafe

Southlake, Texas, United States
Cotton Patch Cafe is a scratch-made Southern food restaurant concept with over 50 locations in Texas, Oklahoma, and New Mexico. Cotton Patch Cafe was founded in 1989 and based in Southlake, Texas.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Altamont Capital Partners

Palo Alto, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2010
PE ASSETS 4.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Altamont Capital is a private equity group focused on acquiring US-based middle-market companies. The Firm has a particular interest in companies undergoing a transition, either operational or strategic, in which Altamont believes it can help navigate. Altamont can invest up to $150 million of equity per transaction and looks for businesses with EBITDA up to $100 million. The Firm prefers control transactions and targets a range of transaction types, including corporate carve-outs, build-ups, take-privates, and founder transitions. Sectors of interest include business services, financial services, industrials, healthcare, consumer, retail, restaurants, franchising, and technology. Altamont Partners was formed in 2010 and is based in Palo Alto, California.


DEAL STATS #
Overall 20 of 49
Sector (Restaurants) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 7 of 14
State (Texas) 3 of 7
Country (United States) 19 of 43
Year (2015) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-22 Hybrid Apparel

Cypress, California, United States

Hybrid Apparel is a full-service design, development, sourcing, and apparel distribution company that provides branded, licensed and private label apparel. Hybrid Apparel was founded in 1997 and is based in Cypress, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-01 CHE Behavioral Health Services

Carlsbad, California, United States

CHE Behavioral Health Services is a provider of mental health services including psychotherapy, psychological and neuro-psychological assessment, and behavioral medicine services to skilled nursing residents. CHE Behavioral Health Services was founded in 1995 and is based in Carlsbad, California.

Buy -