Del Taco Holdings acquired by Jack in the Box

UNITED STATES Hospitality & Leisure / Hospitality / Restaurants / Chains EV $500M–1.5bn

Context

Jack in the Box Inc. finalized its acquisition of Del Taco Restaurants, Inc. via a merger agreement, securing full ownership and delisting Del Taco from NASDAQ. Synergies stem from overlapping guest demographics, menu overlaps in variety-driven comfort foods, and aligned cultures prioritizing innovation and value—enabling shared investments in digital platforms, technology, and franchise development. Timing capitalized on post-pandemic recovery, with ambitions for unit expansion, remodels, and procurement savings projected at $15 million by fiscal 2023 end.

Del Taco Holdings, which reported an EBITDA margin of [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of 5x–12x.

-> Deep-dive in Retail & Consumer market trends

Target

Del Taco Holdings Inc., headquartered in Lake Forest, California, United States, operates as a prominent fast-food restaurant chain specializing in Mexican-inspired cuisine. The company provides a broad menu featuring made-to-order items such as tacos, burritos, quesadillas, nachos, Epic Burritos, and quesadillas, complemented by American classics including burgers, fries, and milkshakes. With an emphasis on fresh ingredients and customizable options, Del Taco serves both drive-thru and dine-in customers across its network. Ranked as the second largest Mexican-American quick-service restaurant (QSR) chain by units in the U.S., it maintains approximately 575 restaurants spanning 18 states, reflecting robust market penetration in the fast-casual ethnic segment. This footprint underscores its competitive stature amid evolving consumer preferences for value-driven, flavorful quick meals.

Ent. Value

$500M–1.5bn

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (USD)

Year

Rev

EBITDA

EBIT

2022

2021

Other operations with Del Taco Holdings

Other operations with Del Taco Holdings
Date	Acquirer	Target	Country	Sector
12/2025	YADAV ENTERPRISES	DEL TACO HOLDINGS	UNITED STATES	Restaurants / Chains

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REFERENCES

Valuation range: EV $500M–1.5bn

Revenue range: $450–900M

EBITDA range: $50–100M

EV/Revenue range: 1x - 3x

EV/EBITDA range: 5x - 12x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Del Taco Holdings by Jack in the Box are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: del taco holdings

FAQ

What transaction does this page cover?

This page covers Jack in the Box’s acquisition of 100% of Del Taco Holdings, an American company specialised in Hospitality, in 2022. Ownership has since evolved, leading to a subsequent transaction with Yadav Enterprises in December 2025 (see the dedicated deal page for details).

How was the acquisition of Del Taco Holdings by Jack in the Box valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the $500M–1.5bn band, its EV/EBITDA multiple within the 5x - 12x range, and its EV/revenue multiple within the 1x - 3x range. Exact figures are available to members.

What were Del Taco Holdings’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Del Taco Holdings generated annual revenue estimated in the $450–900M range and EBITDA in the $50–100M bracket (FY 2022). Detailed financial figures are available to members.

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

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