Unbridled Capital recently provided sell-side advisory services to Little Foods, Inc. on the sale of 7 Taco Bell restaurants in Mississippi. The restaurants were sold to existing franchisee Pacific Bells, led by Tom Cook.
“After 36 years as a Taco Bell franchisee, we were unfamiliar with the process of selling a business. I can now attest to how complicated the process can be, and it was vital to have an experienced advisor by our side. We loved our experience with Unbridled – we respect their expertise and unparalleled success rate in the Taco Bell brand. But more importantly, we trust them implicitly. Unbridled helped us find record offers, worked with Taco Bell Corporate, helped with the various complexities of due diligence, and got us to the closing table successfully. Rick and Derek did a tremendous job in protecting our family’s interests, and I truly do not think we could have completed this deal without them. I am a super-happy client, and I am also a character reference and lifelong friend. Franchisees should not look elsewhere for an M&A advisor,” said franchisee Phil Little.
“Phil Little and his family have been friends of mine for many years. If you have met them, you cannot help but be gravitated towards their genuineness, warmth, humility, and Christ-centered care for others. Their Taco Bells were among the best performers in the country - an obvious reflection of the longevity and success that Phil and family have nurtured since 1986. We are so happy for their successful outcome, and we congratulate the Pacific Bells team on another great acquisition. It is bittersweet to think of Taco Bell Conventions without Phil and Vickie Little, but we know that life will bring wonderful adventures for them in new ways,” said Rick Ormsby, Managing Director.
At Unbridled, we love our country 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.
Unbridled is working diligently to complete a record year in 2021. We have also engaged in a half-dozen new assignments in the past few weeks. Continue to stay tuned for more assignments in the coming months.
Unbridled Capital is currently engaged in about 25 sell-side assignments and continues to maintain a fantastic closing percentage of over 90%. For more information, please contact Rick Ormsby at 502-252-6422 or [email protected].