Camino Real Advisors, LLC
Clint Shackelford

Case Studies

Tacodeli Holdings

Tacodeli Holdings, Inc. (“Tacodeli”) (January 2015-present)

Shackelford currently serves as the sole outside director of Tacodeli Holdings, Inc. which was founded in 1999 and currently operates eight fast-casual taquerias in three Texas markets. Shackelford is assisting Tacodeli’s founders and management team with their growth, including people planning, people sourcing, capital planning and building a new restaurant pipeline.

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Lupe Tortilla Holdings

Lupe Tortilla Holdings, Inc.(“Lupe”) (June 2014-present)

Shackelford currently serves an advisory director to Lupe which was founded in 1983 and currently operates and licenses 22 full-service “Texas-Mex” restaurants in four Texas markets. In 2014, Shackelford led the consolidation of 14 partnerships into a holding company. This process included the structuring and execution of an offering made to the limited partners. In late 2014/early 2015, Shackelford also led a process wherein Lupe obtained a credit facility from an institutional restaurant lender. The process included preparing informational materials, preparing the team for and participating in management presentations and negotiating the credit agreement. Shackelford is assisting the Lupe management team in executing their growth plan including people planning, people sourcing, capital planning, etc.  Lupe currently has two restaurants under construction and will enter a fifth Texas market in 2018.

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Snooze Holdings

Snooze Holdings, Inc. (“Snooze”) (Dec 2012-May 2014 and April-Oct 2016)

Snooze Holdings, Inc. is headquartered in Denver and operates more than 25 full service breakfast and lunch restaurants. Shackelford played a lead role in the diligence process for a November 2012 investment in Snooze by a private equity firm. Shackelford co-invested and was interim CFO for 18 months’ post-investment.  He played a role in every aspect of the Company’s “professionalization”, including serving as liaison to the ownership group and the board of directors, assisting in the hiring of an entire new management team, and developing the Company’s back-office accounting and administrative infrastructure. Shackelford participated in all major Company matters, hired and led the finance, accounting and IT staff and helped hire two permanent CFOs. In May, 2016, Shackelford returned as interim CFO as the Company prepared for an M&A process.  Shackelford led the finance, accounting and IT staff, worked with the Company’s advisors to prepare all marketing and diligence materials, and played a significant role in the diligence process for the transaction which closed in November, 2016.

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Chuy’s Comida Deluxe

Chuy’s Comida Deluxe, Inc. (“Chuy’s”) (May 2006-May 2011)

In 2006, Shackelford played a lead role in a control investment by a private equity firm in Chuy’s Comida Deluxe, Inc, an Austin, TX-based chain of eight high-volume Tex-Mex restaurants.  Shackelford sourced the investment, led the diligence, obtained and negotiated the credit side of the acquisition financing and served as chairman of the audit committee of the Board of Directors.  On July 27, 2012 Chuy’s successfully completed an initial public offering (IPO).  After the IPO, Chuy’s completed two secondary offerings with total proceeds of more than $200mm, and reached a market cap of more than $700mm. Chuy’s currently operates more than 90 restaurants in 19+ states.

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Skin Nuvo

Skin Nuvo (November 2004-September 2006)

Shackelford served as court-appointed financial advisor to Skin Nuvo International, a chain of 40 upscale, mall-based “med spas” in five western states.  Prior to its chapter 11 filing, the Company opened 40 locations in two years and executed 22 additional leases using capital obtained from individual investors.  Shackelford recruited a Chief Restructuring Officer, helped prepare for and lead the bankruptcy filing and served as post-petition financial advisor.  In this role, Shackelford managed a broad sale process wherein the Company’s assets were sold to a private equity firm at auction, resulting in a $20M+ recovery to the creditors.

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