Weil advised Altamont Capital Partners in the successful close of its first continuation fund, extending its investment and partnership with Tacala LLC, the nation’s leading Taco Bell franchisee with over 360 locations across the Southeastern United States.

The transaction was oversubscribed and was led by Blue Owl Strategic Equity and Pantheon and also included participation from Adams Street Partners, Kline Hill Partners, W Capital Partners and Altamont’s most recent Fund IV, as well as significant reinvestment from both Altamont and Tacala management.

The Weil team was co-led by Private Funds partner Jonathon Soler and Private Equity partner Brian Parness. The team also included Private Funds counsel Semhar Woldai and associates Nicholas Huang and Daniela de la Lama; Private Equity counsel Alexander Miachika and associates Dylan Hans, Sam Harrison, Brayden Ringel and Joseph Schwartz; and Tax partners Robert Frastai and Hillel Jacobson as well as associates Charles Kogel and Josh Schonfeld.