Unbridled Capital recently provided sell-side advisory services to Five Star LP, led by the late Terry Rogers and family, on the sale of 11 KFC and KFC/Taco Bell restaurants in KY and TN. Existing KFC franchisee Value Foodservice acquired the restaurants.
“We are very thankful to have helped in this transaction with such a storied franchisee and family, and I am proud of our team’s dogged commitment to getting this deal closed under several difficult circumstances. Terry Rogers was one of the first KFC franchisees I had the honor to meet. He was an influential leader in the KFC system, having served in many capacities including AKFCF President. When he passed earlier this year, the KFC brand lost one of its best. To Janet, Chris, and Julie, we wish you the very best in this next phase of your lives. And to Value Foodservice, congratulations on this acquisition – we are cheering for your success,” said Rick Ormsby, Managing Director at Unbridled Capital.
“When it became time for us to sell, we knew Unbridled Capital was the right advisor. The sale took longer than expected to complete and required patience and perseverance by all parties. I am particularly thankful to Rick and Derek for their tireless support and commitment to our family and for supporting this deal despite plenty of obstacles. The Unbridled team is tireless and creative. I cannot imagine any franchisee looking elsewhere – they are the best,” said franchisee Chris Rogers.
Unbridled Capital continues to support a variety of charitable causes. One of these causes is the KFC Foundation, which supports, empowers, and serves joy to KFC restaurant employees and their communities through education accessibility, financial & crisis assistance, and community giving initiatives. And at Unbridled, we want to be a blessing because we have been blessed.
With a historical success rate of around 90% in an uncertain M&A environment, Unbridled Capital is your surest choice for an M&A advisor who can get the deal closed.
For more information, contact Rick Ormsby at 502-252-6422 and [email protected].