Atlanta

Fuzzy's Taco Shop changes hands in $80 million deal

[ad_1] The parent company of Applebee’s Neighborhood Grill + Bar and IHOP restaurants has agreed to acquire Fuzzy’s Taco Shop from an Atlanta private equity firm.

Dine Brands Global Inc. (NYSE: DIN) will purchase the fast-casual Baja-inspired restaurant founded in Texas for $80 million in cash from Experiential Brands, a platform of Atlanta’s NRD Capital Management.

“We had many options when evaluating the ideal partner to help accelerate the growth of Fuzzy’s Taco Shop,” said Fuzzy’s founder…

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