Burger King Restaurants - 363 Asset Sale
ReInvest Capital is pleased to have served in an advisory role in the 363 Auction & Sale of a multi-unit portfolio of 90 Burger King restaurants located in the Mid- Atlantic and Midwest from 1 ownership group to 4 different buyers.
The transaction employed Reinvest Capital’s unique systems and processes for navigating the 363 Sale Process, including working with the Debtors in Possession, the Unsecured Creditors Committee and the Bankruptcy Court.
Among the key constituents who assisted with the transaction, Reinvest Capital would especially like thank Dan Dooley and RJ Dourney, who in their capacities respectively as Chief Restructuring Officer and Independent Board Member of the Seller, for their support and guidance during the auction and sale process.
“The Reinvest Capital Team led by David Rego managed the marketing and sale of the 90 Burger King Restaurants in the Toms King Chapter 11 case where I was CRO. Reinvest did a good job of identifying potential bidders and generating strong interest in the operations such that we signed up a Stalking Horse at a good price and subsequently had an Auction that generated and even higher value.”
– Dan Dooley
Principal and CRO
Subway Restaurants - Asset Sale
ReInvest Capital is pleased to have served in an advisory role in the transfer of a multi- unit portfolio of 176 Subway restaurants located in Texas and the Mid-Atlantic from 2 ownership groups to 3 different buyers.
The transaction employed ReInvest Capital’s unique systems and processes for aggregating and marketing units owned by numerous franchisees into a single portfolio for sale, which benefitted both the sellers and the buyer.
Among the key constituents who assisted with the transaction, ReInvest Capital would especially like to thank the entire development team at Subway, especially Nelson Faerber, for their support and guidance during the transfer process.
“David Rego and the Reinvest Capital Team, did a fantastic job assisting us in selling our Subway Portfolio. They helped navigate the sales process, and even helped assist after closing.”
– Vik Agrawal, Owner