Unbridled Capital recently represented Todd Bisbocci (Tacobocci, LLC) in the refinancing and partner-buyout of his 19-unit Taco Bell business in Tucson, Arizona.
“Todd and I both come from the Corporate world – Todd with Taco Bell and me with KFC. I know that it takes serious ambition and great people capabilities to leave the Corporate nest and succeed as an entrepreneur. When Todd became a Taco Bell franchisee, I was certain that he would be very successful, and it has been a joy to watch him grow. When he called Unbridled, we were delighted to help him realize his dreams of becoming the majority owner of the Taco Bell market in the Tucson area. This type of assignment warms my heart!
Throughout this transaction, not only were we successful in the friendly-buyout of his original equity partners, but we also secured a new 5-year SWAP at one of the most competitive rates I have ever seen. This should give Todd the comfort that he will be in a strong financial and covenant position, allowing for more flexibility if the future is anything like 2020. We are incredibly thankful to Todd for his trust in Unbridled Capital, and we congratulate City National Bank for being selected to do this refinancing,” said Managing Director Rick Ormsby.
Franchisee Todd Bisbocci had this to say about Unbridled: “I’ve known Rick for many years and recently got to know Derek Ball. When deciding who to help me with this next step in my life, I immediately thought of Unbridled Capital because I trust them, and they have a terrific reputation. COVID provided plenty of ups-and-downs during our process, but the Unbridled team was unwavering in their service and attention to detail. I am thrilled with the result of the transaction and grateful for their unswerving support. To fellow franchisees, I am happy to speak about my positive experience and am willing to be a shining reference for Unbridled anytime.”