M&A Deal Summary

Yadav Enterprises Acquires Del Taco

On October 16, 2025, Yadav Enterprises acquired restaurant Del Taco from Jack for 115M USD

Acquisition Highlights
  • This is Yadav Enterprises’ 1st transaction in the Restaurants sector.
  • This is Yadav Enterprises’ 2nd largest (disclosed) transaction.
  • This is Yadav Enterprises’ 1st transaction in the United States.
  • This is Yadav Enterprises’ 1st transaction in California.

M&A Deal Summary

Date 2025-10-16
Target Del Taco
Sector Restaurants
Buyer(s) Yadav Enterprises
Sellers(s) Jack
Deal Type Divestiture
Deal Value 115M USD

Target

Del Taco

Lake Forest, California, United States
Del Taco offers a unique variety of both Mexican and American favorites such as burritos and fries, prepared fresh in every restaurant's working kitchen with the value and convenience of a drive-thru. Del Taco's menu items taste better because they are made with quality ingredients like freshly grilled chicken and carne asada steak, fresh house-made guacamole, freshly grated cheddar cheese, slow-cooked beans made from scratch, and creamy Queso Blanco. It serves more than three million guests each week at its approximately 600 restaurants across 16 states. Del Taco’s commitment to providing guests with the best quality and value for their money originates from cooking, chopping, shredding, and grilling menu items from scratch. Del Taco was founded in 1964 and is based in Lake Forest, California.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Yadav Enterprises

Fremont, California, United States

Category Company
Sector Restaurants
DESCRIPTION

Yadav Enterprises operates restaurant franchises, including Jack in the Box, Denny’s, and TGI Friday’s, and owns the Taco Cabana brand, a fast-casual, Tex-Mex restaurant chain consisting of 150 locations, and Nick the Greek, a fast-casual, Greek restaurant chain consisting of 90 locations. Yadav Enterprises is based in Fremont, California.


DEAL STATS #
Overall 1 of 2
Sector: Restaurants M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2025 M&A 1 of 2
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-03 Denny s

Spartanburg, South Carolina, United States

Denny’s operates a network of casual dining restaurants serving breakfast, lunch, and dinner items across the United States and internationally. Denny's menu includes traditional diner fare such as pancakes, burgers, sandwiches, and salads, with many locations open 24 hours a day. Denny’s was founded in 1953 and is headquartered in Spartanburg, South Carolina.

Buy $620M

Seller(S) 1

SELLER

Jack

San Diego, California, United States

Category Company
Founded 1951
Sector Restaurants
Employees1,606
Revenue 1.6B USD (2024)
DESCRIPTION
Entrance to Jack in the Box's corporate headquarters in San Diego, California.
Entrance to Jack in the Box's corporate headquarters in San Diego, California.

Jack is a restaurant company that operates and franchises Jack in the Box restaurants. Jack was formed in 1951 and is based in San Diego, California.


DEAL STATS #
Overall 2 of 2
Sector: Restaurants M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-06 Del Taco

Lake Forest, California, United States

Del Taco offers a unique variety of both Mexican and American favorites such as burritos and fries, prepared fresh in every restaurant's working kitchen with the value and convenience of a drive-thru. Del Taco's menu items taste better because they are made with quality ingredients like freshly grilled chicken and carne asada steak, fresh house-made guacamole, freshly grated cheddar cheese, slow-cooked beans made from scratch, and creamy Queso Blanco. It serves more than three million guests each week at its approximately 600 restaurants across 16 states. Del Taco’s commitment to providing guests with the best quality and value for their money originates from cooking, chopping, shredding, and grilling menu items from scratch. Del Taco was founded in 1964 and is based in Lake Forest, California.

Buy $575M