Transaction Overview
Trinity Capital served as financial advisor in the sale of Saratoga Food Group, LLC to Duke and King Holdings, an operator of 15 Popeye's Louisiana Kitchen franchise locations, primarily in Virginia Beach, Virginia. The company was sold subject to section 363 of the Bankruptcy Code. Trinity Capital marketed the restaurants and conducted the sale auction resulting in a successful outcome for both parties.
Transaction Testimonial
"...Trinity should be commended for their outstanding effort in this difficult process."
Frank J. Santoro, Bankruptcy Judge for the Eastern District of Virginia in Norfolk