Unbridled Provides Sell-Side Advisory to 6 Popeyes in the Midwest


Unbridled Capital recently provided sell-side advisory services to Haberkorn Management Inc., led by Joe Haberkorn, on the sale of 6 Popeyes in the Midwest.

“My son-in-law works in the investment banking business, so we had an exceptionally good idea of how to select the right company to sell our Popeyes restaurants. To us, Unbridled was the best advisor in the franchise industry, and we are very thankful we decided to hire them. I was extremely impressed with their marketing program, and they conduct business professionally and tirelessly. I felt like they always represented my best interests while also being able to keep good relations and open dialogue between the parties. Though I will miss my many decades as a Popeyes franchisee, I appreciate Rick and his team for helping us achieve success in this sale,” said franchisee Joe Haberkorn.

“One of the reasons for Unbridled’s success is that we have the honor of representing the absolute best clients in the franchise industry. Joe Haberkorn and his family are second-to-none – honest, hardworking, smart, successful, tenured, and family-oriented. It is easy to see why Joe commanded such respect in the franchise community and enjoyed the highest Popeyes AUVs I have ever seen.  We wish the buyers the very best as they grow exponentially throughout the Midwest and Northeast. To both sides, we send along a super-duper congratulations on a job well done!” 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 active 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].