Trinity Capital was engaged as the exclusive financial advisor to Luihn Food Systems in order to assist in the divestiture of its central North Carolina KFC restaurants. In this transaction, Trinity bifurcated the real estate from the business enterprise and separately sold these entities to different buyers to maximize proceeds and capitalize on 2012 capital gains tax treatment. KBP, a nationally prominent KFC operator was winning bidder of the auction of the business enterprise assets and closed the transaction in February of 2013. This transaction accomplished the strategic, trust & estate and tax objectives of the Luihn family, which continues to be one of the most successful Yum! Brands operators in the United States.
"I have always been impressed with Trinity’s industry and transaction expertise. This sale was no exception. Trinity diligently navigated us through all the intricacies of the process, surpassing our expectations and realizing the best possible outcome for our stakeholders. We would not hesitate to consult with Trinity for any future transactions.
- Jody Luihn. CEO, Luihn Food Systems, Inc.