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Recent Transactions

Burger King 2006
15 Unit Franchisee
  • Debt Restructure
  • Remodel Capital for Mandates
Burger King 2003 - 2007
78 Unit Franchisee
  • Stabilize business financially - negotiate standstill and forbearance agreements
  • Multi-market debt re-structures - securitized and portfolio debt
  • Divestiture of select markets to franchisor and other franchisees
  • Store closures - lender and landlord strategies and negotiations
  • Sale and leaseback transactions to fund discounted debt payoffs
  • Re-finance already re-structured franchisor and senior debt at discount
  • On-going financial advisory and monitoring to benchmarks and financial targets
Wendy's 2005 - 2007
18 Unit Franchisee
  • Stabilize business financially - negotiate standstill and forbearance agreements
  • Strategic review of five different concepts operated
  • Divest and close marginal contributors (Cinnabon and Marble Slab)
  • Migrate to new financial systems and controls
  • Sale and leaseback transactions to restore liquidity
  • Align financial reporting and monitoring to benchmarks
KFC 2006
18 Unit Franchisee
  • Stabilize business financially - negotiate standstill and forbearance agreements
  • Debt restructure with discounted payoff
  • Deficiency Financing to fund discounted payoffs
  • Sale of select stores to two franchisees
  • Source Capital for Series 6000 Mandates
  • $7MM+ re-finance of re-structured debt
  • On-going financial advisory and monitoring to benchmarks
KFC 2005 - 2007
63 Unit Franchisee
  • Strategic Financial Advisory
  • Sale and leaseback transactions (11) to retire debt and position company for re-finance
  • Market divestiture to retire debt and improve re-finance prospects
  • Source $20MM+ re-finance to fund partner buy-out and Series 6000 mandates
  • On-going financial monitoring to benchmarks and targets
Taco Bell 2006
16 Unit Franchisee
  • Debt Restructure
  • Store Closures
  • On-going financial advisory and monitoring
Burger King 2005
11 Unit Franchisee
  • Debt Restructure
  • Store Closure
Burger King 2005
7 Unit Franchisee
  • Debt Restructure
  • Landlord negotiations and Rent Restructure
Burger King 2005
2 Unit Franchisee
  • Close store
  • Renegotiated Rent Structure
Burger King 2005
3 Unit Franchisee
  • Debt Restructure
  • Store Closure
KFC 2005
4 Unit Franchisee
  • Debt Restructure
  • Sale and Leaseback Transactions
  • Lender and Vendor Resolutions
  • Source Capital for Series 6000 Mandates
  • On-going financial advisory and monitoring