Unbridled Capital recently provided sell-side advisory to CFL Pizza LLC on the sale of 32 Pizza Huts in Ohio, Kentucky and Indiana. The restaurants were sold to new franchisee Chaac Pizza Midwest, LLC, led by Luis Ibarguengoytia and Gauge Capital. Andy Rosen, long-time Yum franchisee, will continue to operate Pizza Hut, Taco Bell and KFC restaurants throughout the Southeastern US.
“We are extremely pleased with Unbridled Capital’s handling of our recent Pizza Hut sale. Rick and his team are thorough, professional, respectful, discrete and always available. They created a sales process that yielded results that were above expectations. They deftly navigated the purchase agreement process, due diligence, Pizza Hut approval (for a new franchisee) and closing. Importantly, they are experts at managing both parties and finding solutions to difficult problems through the course of a transaction. We are a repeat customer, having sold Taco Bells in Atlanta several years ago with Rick’s help, and we would give the highest endorsement to Rick, Tony and the entire team at Unbridled Capital,” said Andy Rosen, CEO of CFL Pizza, LLC.
“Over the past 36 months, Unbridled has been at the forefront of helping Pizza Hut franchisees in the sale of their business, having completed 11 Pizza Hut sell-side transactions representing almost 500 restaurants with a success rate of 91.7%. To do this, we have worked diligently to develop the nation’s best market of franchise buyers, operators, family offices and private equity firms. To Luis and his partners, welcome to the Pizza Hut family! Finally, it has been an honor to help Andy and the entire CFL team, and we wish them continued success in Pizza Hut, Taco Bell and KFC,” said Rick Ormsby, Managing Director.
As a condition of this closing, Unbridled Capital will make a charitable contribution to the Pizza Hut museum at Wichita State University. We want to show our respects to the fantastic legacy of the Pizza Hut brand. We want to be a blessing because we’ve been blessed.
With about $750,000,000 in recent and active sell-side M&A assignments across a variety of brands, Unbridled Capital provides the franchise community with unrivaled investment banking services. For more information, please contact Rick Ormsby at 502-252-6422 or firstname.lastname@example.org.