Olympus Partners Exits K-Mac Holdings

Olympus Partners has sold Arkansas-based K-Mac Holdings Corp., the third-largest Taco Bell franchisee in the United States. Olympus acquired K-Mac and its 144 stores at the end of 2004. Details of the exit were not released, though the firm said it earned a return of more than eight times the initial equity investment. Founded in 1988, Olympus Partners is a Stamford, Conn.-based private equity firm focused on middle market management buyouts and expansion capital.

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