Ropes & Gray represented TSG Consumer Partners in its strategic investment in Los Tacos No. 1, a New York City–based restaurant known for its authentic Tijuana-style tacos. The transaction was announced on September 3. Financial terms were not disclosed.
The partnership is designed to bring Los Tacos No. 1 to a wider audience while keeping the food and shops true to its roots.
Founded in 1986, TSG Consumer Partners is a leading consumer-focused private equity firm with approximately $14 billion in assets under management.
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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