Local Favorite Restaurants Acquires Cotton Patch Cafe
Cotton Patch Cafe (“Cotton Patch” or the “Company”), the beloved restaurant brand serving scratch-made Texas comfort food, today announced that Local Favorite Restaurants ("Local Favorite"), a Dallas, Texas-based platform for beloved local brands, has acquired the Company from Altamont Capital Partners ("Altamont"). Harrington Park Advisors served as the exclusive financial advisor to Cotton Patch. Terms of the transaction were not disclosed.
Founded in 1989 by Larry Marshall and Michael Patranella, Cotton Patch Cafe has served generations of guests scratch-made Texas comfort food including its signature chicken-fried steak, homestyle sides and fresh-baked rolls. The brand operates 46 restaurants across Texas and New Mexico and has built a loyal guest following based on scratch-made comfort food, genuine hospitality and compelling everyday value.
Under the leadership of Chief Executive Officer Brandon Coleman III, Cotton Patch has achieved best-in-class performance in the casual dining segment. By focusing on the guest experience, investing in its people and sharpening operational execution, including the introduction of its $9.99 Texas Value Meals, Cotton Patch has delivered six consecutive quarters of positive same-store sales and traffic growth. Under Coleman’s leadership, Cotton Patch has won multiple Dallas Morning News Best in DFW People’s Choice awards, including #1 Best Comfort Food, #1 Most Kid-Friendly and #1 Best Chain Restaurant in 2025.
