Auspex Capital saves El Rancho sale with fast switch to MUY
Auspex Capital was just one week away from closing the sale of El Rancho Foods, a 76-unit Taco Bell franchisee in the Northeast, to Sentinel Capital Partners—when the deal blew up. It happens all the time in the merg ers and acquisitions business, but never so late in the game in Auspex’s experience, and El Rancho’s […]
Auspex Capital Goes Old-School to Fund Border
Two camps rule in the restaurant business—on one hand, those who think they can get higher returns by selling and leasing back their real estate and deploying the freed capital into more restaurants. Then there are the Engler brothers, and those like them, on the other, who prefer to retain the real estate because […]
Auspex Capital unwinds RGT Management with dose of philosophy
It may seem like easy street for long time restaurant operator Sean Tuohy of Memphis, now that he’s sold 105 restaurants and 55 properties for $213 million in six separate transactions. His company, RGT Management, completed those deals with the help of longtime investment banker Auspex Capital last year. Turns out it was a tough road. […]
Taco Bell Operator J.A. Sutherland Gains New Life After Recapitalization
By the time new COO Andrew Hennan contacted Auspex Capital, he knew the Red Bluff, California-based Taco Bell franchisee J.A. Sutherland was in dire straits. Founded in 1978 by Janice Sutherland, the company today owns and operates 24 high-volume Taco Bell restaurants in Northern California and southern Oregon. “A combination of an over-leveraged acquisition and […]
After sorrow, Wenesco rebuilds via merger with Triwen Group
The newest Wendy’s store is a doozy for Kevin Woodside of Wenesco Restaurants and his new business partner, Phillip Anastos of Triwen, set to open in the massive American Dream commercial project built right outside of Manhattan. “It literally has an indoor ski jump,” not to mention a rollercoaster, said Chris Kelleher of Auspex Capital, who engineered the merger. […]
The Grand Exit: Preparing for and Executing the Sale of Your Life’s Work (Dealmakers Thursdays 28th)
The Grand Exit: Preparing for and Executing the Sale of Your Life’s Work
Auspex’s Chris Kelleher and MUY!’s James Bodenstedt discuss the culmination of the second largest QSR sale in US history during the Franchise Times Dealmakers Panel.