Weil advised Apollo’s Sponsor and Secondary Solutions business (Apollo S3), as lead investor, in its investment in Butterfly’s oversubscribed $527 million single-asset continuation fund for QDOBA Restaurant Corporation, the No. 1 Mexican fast-casual franchisor in North America with over 800 locations and approaching $1.3 billion in systemwide sales.

The Weil team was led by Private Equity partner Brian Parness and Private Funds partner Sarah Borden and included Private Equity associates Sam de Blecourt, Sam Mendelson and Tanner Woods; Private Funds associates Heather Walsh and Charu Singh; and Tax partner Hillel Jacobson and associate Kyle Jackson.