Lake Forest-based Del Taco Restaurants Inc. (Nasdaq: TACO) said it signed a franchise agreement for five restaurants in North Carolina, marking the chain’s entry into the state.


The agreement with Ram Restaurants Inc. is for development in the Raleigh and Durham areas.

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The latest expansion news makes good on the company’s growth focus in the southeast and comes on the heels of Del Taco signing a 10-unit deal in Virginia, another new state for the business.


Del Taco, with about 600 restaurants in 16 states, was trading up 1.3% to $8.85 on Wednesday. The chain, OC’s fifth largest restaurant operator, had a recent market cap of $324.3 million.