Fuzzy’s Taco Shop Sells for $80 Million to Parent Company of Applebee’s and IHOP
![](https://i1.wp.com/media.nbcdfw.com/2019/09/010711-fuzzys-tacos.jpg?quality=85&strip=all&fit=852,480&w=1200&resize=1200,0&ssl=1)
The parent company of Applebee’s and IHOP is adding Mexican to its menu of holdings.
Dine Brands Global Inc. said Monday that it will acquire Fort Worth-based Fuzzy’s Taco Shop for $80 million in cash. The Glendale, Calif.-based company owns, operates and franchises more than 3,400 Applebee’s and IHOP restaurants.
Founded near the Texas Christian University campus in 2001, Fuzzy’s is a highly franchised fast-casual chain with 138 restaurants in 18 states and long-term development agreements that could nearly double its locations. Atlanta-based private equity firm NRD Holding Co. acquired Fuzzy’s in 2016.
Click here to read more on the sale from our partners at The Dallas Morning News.
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texasstandard.news contributed to this report.