Kharis Capital takes majority stake in o'Tacos Corporation

FRANCE Hospitality & Leisure / Hospitality / Restaurants / Chains REV €100–200M

Context

Kharis Capital has acquired a majority stake in O'Tacos Corporation, alongside the company's historical founders who will retain operational involvement in the management of the group. This transaction is part of a strategy to accelerate the development of the network, with the goal of supporting growth in France and, more importantly, driving the brand's international expansion. The entry of Kharis Capital enables O'Tacos to leverage the expertise of a specialized investor in the organized restaurant sector, with a proven track record in developing large-scale quick-service restaurant networks across Europe. The transaction also aims to further structure the franchise platform, enhance the group's execution capabilities, and accelerate the opening of new locations in multiple international markets. This move marks a key milestone in O'Tacos' transformation into a European quick-service restaurant brand with international scope.

o'Tacos Corporation, which reported an EBITDA margin of [members only] in 2018, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Retail & Consumer sector (11.8x in 2026).

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Target

O'Tacos Corporation is a fast-casual dining group founded in 2010 in Bordeaux, specializing in the concept of "French tacos," a hybrid street food product inspired by Mexican cuisine but tailored to European standards. This unique offering combines a filled tortilla, meat, fries, and cheesy sauces. Since its inception, the company has rapidly expanded through a heavily franchised model, relying on a network of independent partners to drive rapid growth. The brand's success is largely driven by a digital and community-focused development strategy, targeting a young, urban demographic that values accessible and customizable dining experiences. As of 2018, the group operates a network of over 160 restaurants in France and internationally, with a presence in several European countries and beyond, including the Netherlands, the United States, and Morocco. The company's positioning is built on a strong standardization of its concept, enabling rapid replication of sales outlets and industrial-scale franchising.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2018

2017

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REFERENCES

Revenue range: REV €100–200M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of o'Tacos Corporation by Kharis Capital 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.

Press release: view release

Target: o'tacos corporation

Acquirer: kharis capital

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in o'Tacos Corporation, a French company specialised in Hospitality, by Kharis Capital in 2018, structured as a leveraged buyout (LBO).

What was o'Tacos Corporation’s revenue at the time of the deal?

At the time of the transaction, o'Tacos Corporation’s annual revenue was estimated within the €100–200M range (FY 2018). Detailed financial figures are available to members.

How does the valuation of o'Tacos Corporation compare to benchmarks in the Retail & Consumer sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. By way of comparison, in 2026 companies in the Retail & Consumer sector are valued at a multiple of 11.8x EBITDA.

What sources support the information on this transaction?

The details of this transaction are sourced directly from the official corporate announcement published on the parties’ institutional website, ensuring primary-source verification of the closing and perimeter.

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