And /PRNewswire/ - Altamont Capital Partners (Altamont) these days revealed that it has actually obtained Cotton Patch Cafe, LLC (cotton fiber Patch), a scratch-made Southern meals restaurant concept with 45 locations in, and New Mexico.
Commenting in the transaction, Cotton Patch's creators, , who started their very first area in 1989, said, "the theory behind the first Cotton Patch Cafe was to create an area restaurant that offered great food made of scrape, supported by caring folks who are section of your community. That tradition still holds true 25 many years later and now we are certain that Altamont could be the most suitable partner to help bring it to many more communities in the future."
Cotton Patch CEO Kathy Nelson, whom formerly held management positions at Pizza Hut, Pillsbury, and General Mills, continues to lead the company and spent alongside Altamont when you look at the exchange. "We look ahead to creating on Cotton Patch's strong legacy and see attractive possibilities to expand the concept in both present and adjacent markets. We believe there are numerous clients that will appreciate our high quality, scratch-made south meals offered at a value cost, " Kathy said, commenting on the price. "Altamont's experience with the restaurant industry are a fantastic resource in helping united states perform the company's plans. The team is lined up with our tradition and values and now we are excited to companion with them in the years ahead."
Echoing that sentiment, Jonathan Altman, Principal of Altamont, stated, "Cotton Patch has been successful through its target value, high-quality food, Southern hospitality in addition to local community around each restaurant. We are excited to create upon that success and support the administration team through the organization's next phase of development."
"Our company is thrilled to expand our restaurant portfolio to incorporate Cotton Patch, " included Altamont Managing Director Randall Eason. "We look forward to the chance to subscribe to the business's continued success."