Qdoba
Qdoba ( ) is a chain of fast casual restaurants in the United States and Canada serving Mexican-style cuisine. After 15 years as a wholly-owned subsidiary of Jack in the Box, the company was sold to a consortium of funds led by Apollo Global Management in March 2018. In October 2022, Qdoba was acquired by Butterfly Equity. At the time of the acquisition, Qdoba had nearly 750 locations across North America. It is the No. 2 player and No. 1 franchisor of Mexican fast-casual dining in North America. History This chain traces its origins to the opening of the Zuma Fresh Mexican Grill in 1995 by Colorado native Anthony Miller and partner Robert Hauser at Grant Street and Sixth Avenue in Denver, which is still in operation. Miller and Hauser met in New York City, where Miller was an investment banker with Merrill Lynch, and Hauser attended the Culinary Institute of America, working at the famed Le Cirque restaurant. Hauser developed most of the recipes, designing the menu to be he ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Apollo Global Management
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. , the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors. Apollo was founded in 1990 by Leon Black, Josh Harris, and Marc Rowan, former investment bankers at the defunct Drexel Burnham Lambert. The company is headquartered in the Solow Building in New York City, with offices across North America, Europe, and Asia. Founder and CEO Leon Black resigned as CEO in 2021 in the wake of sexual misconduct allegations and revelations that he ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Butterfly Equity
Butterfly Equity, also known as BFLY, is an American private equity company based in Beverly Hills, California. Butterfly specializes in food investments, and is the owner of Qdoba Qdoba ( ) is a chain of fast casual restaurants in the United States and Canada serving Mexican-style cuisine. After 15 years as a wholly-owned subsidiary of Jack in the Box, the company was sold to a consortium of funds led by Apollo Global M ..., Bolthouse Farms, and Chosen Foods. In 2021, Butterfly invested in MaryRuth Ghiyam's ''MaryRuth Organics, LLC, a'' health and wellness brand operating in the premium vitamins, minerals, and supplements. References {{Private-equity-company-stub Private equity firms of the United States 2016 establishments in California ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Burrito
A burrito (, ) or burro in Mexico is, historically, a regional name, among others, for what is known as a taco, a tortilla filled with food, in other parts of the country. The term ''burrito'' was regional, specifically from Guanajuato, Guerrero, Michoacán, San Luis Potosí, Sonora and Sinaloa, for what is known as a ''taco'' in Mexico City and surrounding areas, and ''codzito'' in Yucatán and Quintana Roo. Due to the cultural influence of Mexico City, the term ''taco'' became the default, and the meaning of terms like ''burrito'' and ''codzito'' were forgotten, leading many people to create new meanings and folk histories. In modern times, it is considered by many as a different dish in Mexican cuisine, Mexican and Tex-Mex cuisine that took form in Ciudad Juárez, consisting of a flour tortilla wrapped into a sealed cylindrical shape around various ingredients. In Central and Southern Mexico, burritos are still considered tacos, and are known as ''tacos de harina'' ("wheat f ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Jack In The Box
Jack in the Box, Inc. is an American fast food restaurant chain founded on February 21, 1951, by Robert O. Peterson in San Diego, California, where it is headquartered. The chain has over 2,200 locations, primarily serving the West Coast of the United States. Restaurants are also found in large urban areas outside the West Coast, as well as two in Guam. The company also formerly operated the Qdoba Mexican Grill chain until Apollo Global Management bought the chain in December 2017. Food items include a variety of chicken tenders and french fries along with hamburger and cheeseburger sandwiches and selections of internationally themed foods such as tacos and egg rolls. History Robert O. Peterson already owned several successful restaurants when he opened Topsy's Drive-In at 6270 El Cajon Boulevard in San Diego in 1941. Several more Topsy's were opened. By the late 1940s, Peterson's locations had developed a circus-like décor featuring drawings of a starry-eyed clown. In ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Denver, Colorado
Denver ( ) is a List of municipalities in Colorado#Consolidated city and county, consolidated city and county, the List of capitals in the United States, capital and List of municipalities in Colorado, most populous city of the U.S. state of Colorado. It is located in the Western United States, in the South Platte River, South Platte River Valley on the western edge of the High Plains (United States), High Plains east of the Front Range of the Rocky Mountains. With a population of 715,522 as of the 2020 United States census, 2020 census, a 19.22% increase since 2010 United States census, 2010, Denver is the List of United States cities by population, 19th most populous city in the United States and the fifth most populous state capital. Denver is the principal city of the Denver metropolitan area, Denver Metropolitan area (which includes over 3 million people), as well as the economic and cultural center of the broader Front Range Urban Corridor, Front Range, home to more than ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Fast Casual Restaurant
A fast casual restaurant, found primarily in the United States and Canada, is a restaurant that does not offer full table service, but advertises higher quality food than fast-food restaurants, with fewer frozen or processed ingredients. It is an intermediate concept between fast food and casual dining. History The concept originated in the United States in the early 1990s, but did not become mainstream until the end of the 2000s and the beginning of the 2010s. During the economic recession that began in 2007, the category of fast casual dining saw increased sales to the 18–34-year-old demographic. Customers with limited discretionary spending for meals tend to choose fast casual for dining which they perceive as healthier. Definition The founder and publisher of FastCasual.com, Paul Barron, is credited with coining the term "fast-casual" in the late 1990s. Horatio Lonsdale-Hands, former chairman and CEO of ZuZu Inc., is also credited with coining the term. ZuZu, a han ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Western Union to distribute content to a dozen news organizations in New York. Its first customer was Trans World Airlines. In 1963, Muschel recruited David Steinberg of the New York Herald Tribune to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Free Library
''The Free Dictionary'' is an American online dictionary and encyclopedia that aggregates information from various sources. It is accessible in fourteen languages. History The Free Dictionary was launched in 2005 by Farlex. In the same year, it was included in ''PCMag'' Make Your Browser Better list. Content The site cross-references the contents of dictionaries such as ''The American Heritage Dictionary of the English Language'', the ''Collins English Dictionary''; encyclopedias such as the ''Columbia Encyclopedia'', the ''Computer Desktop Encyclopedia'', the ''Hutchinson Encyclopedia'' (subscription), and Wikipedia; book publishers such as McGraw-Hill, Houghton Mifflin, HarperCollins, as well as the Acronym Finder database, several financial dictionaries, legal dictionaries, and other content. It has a feature that allows a user to preview an article while positioning the mouse cursor over a link. One can also click on any word to look it up in the dictionary. The websit ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nation's Restaurant News
''Nation's Restaurant News'' (''NRN'') is an American trade publication, founded in 1967. NRN covers the foodservice industry, including restaurant A restaurant is an establishment that prepares and serves food and drinks to customers. Meals are generally served and eaten on the premises, but many restaurants also offer take-out and Delivery (commerce), food delivery services. Restaurants ...s, restaurant chains, operations, marketing, and events. It is owned by Informa (who acquired Penton Media on November 2, 2016, who earlier purchased it from founding company Lebhar-Friedman in December 2010). ''Nation's Restaurant News'''s sister publications are ''Restaurant Hospitality'', ''Food Management'', ''Supermarket News'', and ''MUFSO'' (Multi-Unit Food Service Operators). ''Nation's Restaurant News'' is published bi-weekly, with an online portal that launched in 1996. Nation's Restaurant News reports a monthly print readership of more than 66,000 subscribers, while ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |