up to date: Feb 17, 2021 18:00 EST
February 17, 2021(Newswire.com) –
Restaurant advisory team Reconstruction Companions has announced the productive development capital formation hard work for its client Tacolicious, Inc. Tacolicious, started 2009, is a multi-unit comprehensive-support Mexican restaurant chain with spots in San Francisco and Los Angeles. New York Metropolis-primarily based Feenix Venture Companions delivered the personal debt cash for the chain. Tacolicious engaged Reconstruction Partners to give strategic and fiscal counsel for the development of a strategic development prepare and cash elevate. Reconstruction Partners’ significantly-achieving experience in the foods services and hospitality market was influential in completing the deal.
Joe Hargrave, founder & CEO of Tacolicious, Inc., claimed, “Reconstruction Associates navigated my enterprise by means of a really bumpy reorganization in 2017. They introduced me to a terrific loan company for the duration of the pandemic when we needed it most. Most a short while ago they brokered a deal with Tacolicious and a pretty higher-top quality capital associate. Wallace and Lee are market industry experts who get the career performed, but most importantly, they’re good buddies.”
Wallace Hite and Lee Cohn, the founding associates and managing partners of Reconstruction Partners, explained, “We have labored with Joe and his group and the excellent manufacturer they have developed for several many years. The eating places are amazing, the group is committed and their upcoming is a thing we will take pleasure in viewing.” They additional, “The Feenix crew was outstanding and they worked tirelessly to provide Tacolicious with its capital needs. It was a seamless closing.”
About Reconstruction Companions
Reconstruction Companions, launched by Lee Cohn and Wallace Hite, is a founder-focused, entire-support advisory firm centered on chain places to eat, emerging cafe manufacturers, troubled firms and franchising with offices in Nashville and Phoenix. The principals of the enterprise have in excess of 100 many years of put together industry experience, virtually 80 of which are at the C-stage. The companions get the job done in the regions of mergers and acquisitions, elevating cash the two credit card debt and fairness money and supplying important strategic planning to get ready companies for their upcoming stage of progress. For a lot more about Reconstruction Partners, make sure you check out www.Reconstructionpartners.com
About Feenix Undertaking Companions
Feenix Enterprise Companions is a non-public investment decision company set up in 2017 and headquartered in New York Town. Feenix presents progress cash by financial debt, hybrid and fairness to tiny and medium-sized firms, largely in the purchaser sector. Feenix is an energetic investor in foods & beverage, hospitality, immediate-to-buyer ecommerce and SaaS enterprises. For more information and facts about the agency, remember to pay a visit to: www.feenixpartners.com.
Tacolicious begun in 2009 as a stand at the acclaimed San Francisco Thursday Ferry Plaza Farmers Market. Founder Joe Hargrave was encouraged by time he put in in Mexico Metropolis, having his way through places these kinds of as Contra Mar and El Califia—modern, complete-service dining places with sparkling salsas and seasonal components. Now what introduced as a stand with a fittingly whimsical identify has turn out to be a comprehensive-support, great-occasions strategy with a Cal-Mex taco-centric menu that extends to tuna tostadas, albondigas, kale salad with quinoa and crispy hot churros. And, of program, a lot of freshly squeezed margaritas. For information and facts about Tacolicious, remember to take a look at: www.Tacolicious.com.
Investment decision Banking and Cafe Advisory PR & Marketing by Cohn Media.
Supply: Reconstruction Associates