Overview
- The definitive agreement transfers Del Taco Holdings to Yadav Enterprises in an all-cash deal expected to close by January 2026, pending customary conditions and adjustments.
- Jack in the Box plans to apply net proceeds to debt reduction within its securitization structure, including partial repayment of its Series 2019-1 notes.
- The sale price represents a steep markdown from the roughly $575–585 million Jack in the Box paid for Del Taco in 2022.
- Del Taco encompasses more than 550 restaurants, and buyer Yadav Enterprises is a large multi-brand operator that also owns Taco Cabana and Nick the Greek.
- JACK shares fell roughly 8%–9% following the announcement, and management plans to outline fiscal 2026 guidance on November 19, 2025.