Unbridled Capital recently provided sell-side advisory to WKRP Management LLC (and related entities) on the sale of its 39 Pizza Huts in Colorado, Kansas and Missouri. Terry Ruder, Steve Patton and Nestor Weigand were legacy franchisees with an outstanding business and long history of excellence in the Pizza Hut system.
WKRP sold to new franchisee, Grand Mere Capital, led by Mike Cherney. This is the second Pizza Hut acquisition for Grand Mere in the past 8 months. Unbridled sold 23 Pizza Huts to them last year. As of the close of this transaction, Grand Mere now owns 62 Pizza Huts.
As a condition of this closing, Unbridled Capital will make a charitable contribution to the Yum Foundation. We want to give back to the employees that are so important to the success of these brands. We want to be a blessing because we’ve been blessed.
With approximately 250 Pizza Huts for sale nationwide, Unbridled Capital aims to provide the franchise community with unrivaled investment banking services. For more information, please contact Managing Director Rick Ormsby at 502-252-6422 or [email protected].