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Del Taco Operator to Triple Michigan Sites

Del Taco Restaurants Inc. in Lake Forest said franchisee Team Schostak Family Restaurants will open 12 locations in the Detroit market; it currently runs five in Michigan, with a sixth in development.

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Del Taco Up In Q1

Del Taco Restaurants Inc. in Lake Forest earned net income of about $4 million on revenue of $105 million in the first quarter, compared with the same period last year.

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Del Taco to Add 14 in Phoenix

Del Taco Restaurants Inc. in Lake Forest said two franchisees would open 14 stores in the Phoenix market.

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Del Taco to Enter Pennsylvania

Lake Forest-based Del Taco Restaurants Inc. plans to enter a new market in 2018 with the first of six franchised stores in Pennsylvania.

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Del Taco Plans Debt Pare Down, TACO Ticker

Lake Forest-based Del Taco Holdings Inc. would cut its debt by $139 million—or more than 40%—if its acquisition by Chicago-based Levy Acquisition Corp. closes as planned in June, according to documents filed with the U.S. Securities and Exchange Commission.

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Chicago Buyer for Del Taco

Chicago-based blank check company Levy Acquisition Corp. plans to buy Lake Forest-based Del Taco Holdings Inc. in a deal that values Del Taco at about $500 million, according to Levy.

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Del Taco to Enter N.J.

Lake Forest-based Del Taco LLC said it will begin franchising in New Jersey, its first restaurants in the Northeast U.S.

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Del Taco Plans 28 Southeast Sites

Lake Forest-based Del Taco LLC said it will open 28 new locations in the Southeast United States.

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Del Taco Offers Franchise Incentives

Lake Forest-based Del Taco LLC said it will offer incentives for franchisees in new markets as well as for military veterans and members of minority groups.

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