Unbridled Provides Sell-Side Advisory to 16 Taco Bells in Louisiana

08.23.2022

Unbridled Capital recently provided sell-side advisory services to Helm Restaurants, Inc. on the sale of 16 Taco Bells in the Shreveport and Bossier City areas of Louisiana. The restaurants were sold to new Taco Bell franchisee ADT Taco LLC, led by Adam Diamond. This marks ADT’s entry into its second brand.  ADT Pizza is a 200 location and growing Pizza Hut franchisee.

 

“I have been associated with Taco Bell for 48 years, thirty-three of them as a franchisee in this market. That is a long time, and over the past year, our family discussed the possibility of selling and retirement. I have known Rick for almost 20 years, and when we visited at a recent Taco Bell Convention, he helped me realize that the timing was right, and that Unbridled Capital was the best firm to manage my sale. They ran a competitive process to find the best overall offer. Derek at Unbridled worked tirelessly to keep the deal on track, manage the relationships between the parties, and navigate through the challenges of getting a new franchisee approved by Taco Bell. I could not be happier with the outcome, and I am grateful to the entire Unbridled organization for assembling such a talented team, structured process, and an outstanding result. They receive my very highest praise,” said franchisee Steve Helm.

 

“Steve and his family are one-of-a-kind. They are the definition of the American Dream as a family-owned business that was incredibly successful over many years. The Helm’s also helped to make Taco Bell a better brand. Though I celebrate this outcome for them, I will really miss seeing Steve and his son Justin at Conventions. For Unbridled, we are thankful to have been part of this transaction. It is not often that a brand-new franchisee is brought into the Taco Bell system, and I am proud of Unbridled’s efforts in helping to make this deal a reality for all involved. To Adam and the ADT team, we wish you the absolute best as you become Taco Bell franchisees. And to the Helm’s, many blessings to you in this next phase of your lives,” said Rick Ormsby, Managing Director.

 

At Unbridled, we love the USA and support our warriors. As a condition of this closing, Unbridled will give a charitable contribution to The Blue Angels Foundation, honoring our nation’s heroes. Its mission is to support wounded veterans through transitional housing, counseling, PTSD resolution, permanent housing, life skills, transportation, and employment. We want to be a blessing because we have been blessed.

 

Though 2022 has marked a slowdown in M&A activity, Unbridled Capital has about a dozen assignments and continues to maintain an industry-leading closing percentage of over 90%. For more information, please contact Rick Ormsby at 502-252-6422 and [email protected].