Davis Polk and Ropes & Gray advised on TSG Consumer Partners’ strategic investment in Los Tacos No. 1.
TSG Consumer Partners made a strategic investment in Los Tacos No. 1, a New York City-based restaurant known for its authentic Tijuana-style tacos.
The partnership is designed to bring Los Tacos No. 1 to a wider audience while keeping the food and shops true to its roots. Los Tacos’ founders will continue to lead day-to-day operations and strategic decision-making, with TSG working alongside the existing management team to support the company’s growth.
Davis Polk & Wardwell LLP advised Los Tacos No. 1 on a strategic investment from TSG Consumer.
The Davis Polk corporate team included partner Leonard Kreynin and associates Yi Bao and Daniel Tublin. Partner Corey M. Goodman and associates Bryce Maxey and Seokwon (Eric) Jang provided tax advice. Partner Amanda Hines Gold and associate Long Shi provided executive compensation advice. Partner Matthew J. Bacal and associate Anne Kim provided intellectual property advice.
Ropes & Gray represented TSG Consumer Partners.
The Ropes & Gray team was led by private equity partner Sandy Boer and included private equity partner Annie Sipe, tax partners Alyssa Kollmeyer and Pamela Glazier, and employment, executive compensation & benefits partner Kyle Higley.
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