---
title: "NRD Capital"
url: https://burnaze.com/article/73691cc0-b53d-43d2-ae34-9a430eaa77d8
source: "1851 Franchise"
original_url: https://1851franchise.com/nrd-completes-growth-equity-investment-in-fuzzys-taco-shop-9684
category: "Mexican"
industry: "Restaurants"
segment: "Mexican"
published: 2017-01-26T20:15:25.000Z
modified: 2026-11-01T02:11:20.338Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/f65df29e70edac149f94ead8449524f06434.jpg
---

# NRD Capital

**TL;DR:** NRD Capital Management has announced its latest investment, purchasing a majority position in Fuzzy's Taco Shop, a 90-unit Fort Worth, Texas-based brand. NRD Capital is partnering with Fuzzy's Taco Shop's existing management team to maximize the brand's impact through franchising.

*originally published in 1851 Franchise on 2017-01-26. [Read the original](https://1851franchise.com/nrd-completes-growth-equity-investment-in-fuzzys-taco-shop-9684).*

## Story

“NRD Capital is doing what it set out to do from beginning,” said Aziz Hashim, NRD Capital Founder and Managing Partner. “We are finding brands with compelling unit economics and partnering with their existing management teams to maximize the impact that the brand can have through franchising. Our approach to private equity is unlike anything in the space, and it’s proving to be extremely fruitful."

NRD represents the next generation of private equity with a total alignment of interests among the fund’s operations-minded Partners, the multi-unit franchisees who constitute the majority of Fund Investors, and the management teams of its portfolio companies. Hashim went on to say that through the fund’s unique access to its multi-unit franchisee investor base and wider networks, NRD is evolving the franchise private equity space.

“We’re thrilled to be partnering with NRD Capital,” said Chuck Bush, Fuzzy’s Taco Shop President. “We have seen great success with our brand, primarily growing throughout the Southern and Midwestern U.S. We knew that to grow our business dramatically, we needed a partner who knows franchising, has access to qualified developers and is willing to partner with our existing team to enhance the brand and maximize growth.”

Fuzzy’s Taco Shop is a fast-casual Baja-style Mexican food concept that has built its reputation on an unwavering promise to promptly and efficiently provide guests with generous helpings of uniquely flavorful foods at a fair price in a fun atmosphere.

“The unit economics and growth potential of Fuzzy’s Taco Shop makes it the perfect fit for us,” said NRD Partner Harrison Price. “We have the tools to make Fuzzy’s a powerhouse in the fast casual segment by working with management to enrich this fun, exciting brand and by focusing on bringing additional operators in to accelerate new development.”

Mel Knight, Vice President, Fuzzy’s Taco Shop, adds, “We could not be more excited to partner with NRD for not only the future of our brand development, but also for our current franchisees who have been instrumental in our success to date.”

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- unit expansion (topic)
- private equity (topic)
- fast casual (topic)
- franchise investment (topic)
- Fuzzy's Taco Shop (company)
- NRD Capital (investor)
- NRD Capital acquisition of Fuzzy's Taco Shop (deal)

---
Originally reported by 1851 Franchise (https://1851franchise.com/nrd-completes-growth-equity-investment-in-fuzzys-taco-shop-9684). Summarized by Burnaze (https://burnaze.com/article/73691cc0-b53d-43d2-ae34-9a430eaa77d8).
