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&pizza acquires Tijuana Flats, creates holding company
Yahoo Finance· 2025-11-06 09:00
Group 1 - &pizza has launched franchising and signed four new franchise agreements to expand into markets like Orlando, Atlanta, Charleston, and Raleigh [3] - Tijuana Flats has emerged from bankruptcy and is refreshing its stores and updating its menu, including the addition of Street Tacos [3] - The acquisition of Tijuana Flats by &pizza includes its headquarters in Maitland, Florida, and the establishment of Latitude Food Group to oversee both brands [7] Group 2 - Latitude Food Group will support growth through multi-unit franchising and partnerships with entrepreneurs who have multi-brand portfolios [7] - The two brands will share HR, accounting, and financing direction, benefiting from a shared supply chain due to similar ingredients [6] - The alignment of both brands is seen as an opportunity for growth in new markets with minimal overlap in existing locations [4]