Buyout (LBO, MBO, MBI) • Restaurants

Race Rock Acquires Texadelphia

On January 1, 2019, growth capital firm Race Rock acquired restaurant Texadelphia

Acquisition Context
  • This is Race Rock’s 1st transaction in the Restaurants sector.
  • This is Race Rock’s 5th transaction in the United States.
  • This is Race Rock’s 3rd transaction in Texas.

Explore All 369 Buyout (LBO, MBO, MBI) Restaurants Deals - Search the Database Free


M&A Deal Summary

Date January 1, 2019
Target Texadelphia
Sector Restaurants
Buyer(s) Race Rock
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Texadelphia

Richardson, Texas, United States
Texadelphia is a restaurant chain, which fuses philadelphia cheesesteaks with tex-mex flare and a side of chips and queso, has ten storefronts in Austin, Dallas, South Texas and Oklahoma. Texadelphia was founded in 1981 and is based in Richardson, Texas.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Buyer Overview 1

DESCRIPTION

Race Rock Group is a private investment firm focused on majority control or minority positions in profitable lower middle-market companies. The Firm generally looks for businesses operating in the gulf coast or Midwest areas in the US. Sectors of interest include retail equipment, financial services, manufacturing, chemicals, food/beverage, industrial services, and real estate. Race Rock Group is headquartered in Houston, Texas.


Deal Context for Buyer #
Overall 5 of 8
Sector: Restaurants 1 of 1
Type: Buyout (LBO, MBO, MBI) 5 of 7
State: Texas 3 of 5
Country: United States 5 of 8
Year: 2019 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 Gulf Capital Bank

Houston, Texas, United States

Gulf Capital Bank is a Houston based bank targeting middle-market businesses with annual revenues up to $2 billion. Gulf Capital Bank was founded in 2019 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-04 Structural & Steel Products

Fort Worth, Texas, United States

Structural & Steel Products is a manufacturer and distributor of products used in the highway construction end-market, including overhead sign structures, guardrails, crash cushions, lighting poles and bridge decking. The Company manufactures tubular structures used in the communication and power transmission industries. Structural & Steel Products was founded in 1969 and is based in Fort Worth, Texas.

Buy -