Tortilla to see major board changes after Auctor's investment

This aims to strengthen its digital and operational capabilities.

Tortilla Mexican Grill announced a board change in line with its long-term, technology-driven growth strategy, with Quilvest Capital Partners, a global private equity firm, selling its 20% stake to Auctor Group, a technology holding company, as part of its fund’s winding down.

Consequently, Loeiz Lagadec, the non-executive director who represented Quilvest's interest, will step down from the Tortilla Board.

As part of its new major shareholding, Auctor has nominated Usman Ali, its managing partner, to serve as a non-executive director on the Tortilla Board of Directors.

This appointment highlights Tortilla's emphasis on technology, which aims to enhance its digital and operational capabilities, exploring innovations such as robotics, advanced data analytics, and AI-powered customer engagement tools that can further streamline restaurant efficiency and elevate its customer experience.

“Technology remains one of our 'Vital 5' strategic pillars,” said Andy Naylor, CEO of Tortilla. “In 2024, we made good progress on this strategy, introducing self-service kiosks and new food prep equipment that have driven a notable lift in operational efficiencies.”