Representative Transactions from Trinity Capital

CSM Group

CSM Group, a franchisee of Popeyes Louisiana Kitchen, Inc. has secured a term from BBVA Compass

CSM Group

Transaction Overview

Trinity Capital LLC served as the exclusive financial advisor to CSM Group (“CSM”), a Popeyes franchisee with several restaurants in Texas, in refinancing its senior debt obligations and recapitalizing the Company for an acquisition of Popeyes restaurants. Trinity advised CSM on a new term loan with BBVA Compass

Transaction Testimonial

"A trusted colleague recommended we get in touch with Trinity to assist us with our financing needs in connection with our acquisition. We were thrilled the relationship came together so quickly. We engaged Trinity and within a month we had over a dozen competitive term sheets to consider. We were highly impressed with their capabilities and knowledge to guide us through our funding. They took on our cause as if it was their own and we very much valued their help. We would certainly recommend Trinity to any of our colleagues and look forward to working with them again."

- Ali Lakhany and Emad Lakhany, Principles at CSM

CSM Group

has secured a term from

Apple Gilroy, Inc.

Apple Gilroy, Inc, has completed a sale of its Applebee’s restaurants and related real estate to SSP Management

Apple Gilroy, Inc.

Transaction Overview

Trinity Capital LLC served as the exclusive financial advisor to Apple Gilroy, Inc., an Applebee’s franchisee with 13 restaurants in California, in the sale of its restaurants and related real estate. Trinity managed an extensive auction process and advised the Company through the deal negotiations, diligence and closing, culminating in a successful outcome for the seller.

Apple Gilroy, Inc.

has completed a sale of its Applebee's restaurants and related real estate to

T&T Sheroski No. 3, Inc.

T&T Sheroski No. 3, Inc. has completed a sale of its restaurants and related real estate to Mac Pizza LLC

T&T Sheroski No. 3, Inc.

Transaction Overview

Trinity Capital LLC served as the exclusive financial advisor to T&T Sheroski No. 3, Inc., a Little Caesars franchisee with 21 restaurants in Michigan, in the sale of its restaurants and related real estate. Trinity helped manage an extensive auction process, identify the ideal buyer and advise the Company through a successful transaction closing.

Transaction Testimonial

"We’ve known Trinity Capital for many years and have grown to rely on their advice and expertise. Throughout the process, Trinity managed to find creative solutions to numerous complex issues that arose. We have complete confidence in Trinity’s understanding of the industry and sale process and feel we made a great decision in selecting Trinity as our advisor. We would highly recommend Trinity to any company considering a sale."

Theresa Sheroski, Owner

T&T Sheroski No. 3, Inc.

has completed a sale of its restaurants and related real estate to

MacPizza LLC

KorMex Foods, Inc.

KorMex Foods, Inc, a franchisee of Taco Bell Corp., has completed a sale of its restaurants to Mas Restaurant Group

KorMex Foods, Inc.

Transaction Overview

Trinity Capital LLC served as the exclusive financial advisor to KorMex Foods, Inc., a Taco Bell franchisee with 72 restaurants in Texas, in the sale of its restaurants. Trinity managed a robust auction process, assisted in the negotiation of the purchase and navigated a complex franchisor approval, ensuring a successful transaction and delivering an exceptional outcome.

Transaction Testimonial

"We established a solid relationship over many years with Trinity Capital that allowed them to understand our business philosophy and the objective to find the right buyer. We expected the sale to be a challenge but the complexities and obstacles we had to overcome were beyond anything we had anticipated. I could not imagine this process without the guidance and leadership of Trinity Capital. Their professionalism and insights helped navigate through some very choppy waters. We are very grateful for having such a solid, strategic partner."

Phil Rhee and Oscar Saavedra, Founders of KorMex Foods, Inc.

KorMex Foods, Inc.

has completed a sale of its restaurant to Mas Restaurant Group, a portfolio company of Bessemer Investment Partners

Prime Shine Car Wash

Prime Shine Car Wash has completed a sale of its business to Mister Car Wash

Prime Shine Car Wash

Transaction Overview

Trinity Capital LLC served as the exclusive financial advisor to Prime Shine Car Wash, California’s largest independently owned car wash operator with 19 locations in California’s Central Valley. Trinity orchestrated a competitive process which ultimately resulted in a successful sale to Mister Car Wash, the largest domestic operator of conveyor car washes with over 250 car washes in 21 states. Prime Shine grew from a single location in 1991 to becoming one of the industry’s acknowledged leaders in the segment.

Transaction Testimonial

"Trinity played a crucial role in the sale of our family-owned business and provided invaluable guidance throughout the entire process. When we received an unsolicited offer for our company, we needed an advisor that could help us evaluate the offer and decide on the best path forward. Trinity led a comprehensive marketing process that resulted in a large number of suitors and more importantly, valuations that were significantly higher than the initial unsolicited offer. After navigating through complex transactional issues, Trinity was able to deliver a successful close with a strategic partner that will be able to continue the Prime Shine legacy."

Evan Porges, CEO

Prime Shine Car Wash

Prime Shine Car Wash has completed a sale of its business to Mister Car Wash, a portfolio company of Leonard Green & Partners

STACKED Restaurants, LLC

STACKED Restaurants, LLC has completed a recapitalization with Hargett Hunter and TriSpan Rising Stars

STACKED Restaurants, LLC

Transaction Overview

Trinity Capital LLC served as financial advisor to STACKED: Food Well Built in completing a round of venture financing to expand its footprint into new markets and fuel growth of the brand with private equity firms, Hargett Hunter and TriSpan Rising Stars. STACKED is a contemporary casual dining brand with a full bar where guests are empowered through the use of proprietary technology and mobile devices to fully customize their orders to their exact liking to personalize the dining experience. The menu is built around five core “STACK-able” items: burgers, pizza, sandwiches, salads, and mac n’ cheese. The brand now has five (5) restaurants open in Southern California. Trinity ran a competitive process, advised the company on deal structure and facilitated due diligence to ensure a successful transaction.

Transaction Testimonial

"From our very first meeting with Trinity, we realized that they truly understood our unique restaurant concept and would unquestionably represent our interests better than anyone else we considered. Trinity conveyed the passion and enthusiasm to effectively communicate the great potential of our brand to the investment community. We particularly appreciated their hard work has completed a recapitalization with and determination in finding the right financial partner for our company and the valuable guidance to all of the shareholders as we considered various alternatives."

-Paul Motenko, Co-Founder

STACKED Restaurants, LLC

has completed a recapitalization with

Hargett Hunter & TriSpan

Benihana of Tokyo

Benihana of Tokyo, LLC has sold a 75% stake in its subsidiary, Benihana Holdings Pte. Ltd., to Minor International

Benihana of Tokyo

Transaction Overview

Trinity Capital LLC served as the exclusive financial advisor to Benihana of Tokyo, LLC, and its subsidiaries, a leading Japanese-inspired teppanyaki restaurant chain in the UK, Poland, Romania, Slovakia, Canada, Jordan, Kuwait, Lebanon, Saudi Arabia, the UAE, Thailand and Indonesia, in their sale of a 75% stake in its subsidiary, Benihana Holdings Pte. Ltd., to Minor International, a global hospitality company based in Thailand with over 2,000 restaurants in 20 countries and 161 hotels in 26 countries. Benihana was founded in 1964 and today is the world’s leading Japanese-inspired teppanyaki restaurant chain. Trinity worked with Benihana of Tokyo LLC to successfully identify and select a joint-venture partner and properly negotiate the transaction to provide the company and its owners with value today and value in the future growth under the new partnership.

Transaction Testimonial

"We have known Trinity for many years and have built a strong relationship with the firm. Their depth of knowledge and reputation in the restaurant industry gave me comfort from the beginning they were the right advisor for our transaction. Trinity proved my decision correct by guiding and educating our team through the entire transaction process from start to finish, including helping us select the best joint venture partner, successfully negotiating key terms of the deal and efficiently managing the due diligence process. Their team exemplified professionalism and provided the senior-level attention required on the critical day-to-day decision making to drive a successful transaction. Our team couldn’t be more pleased with the outcome of this transaction and would highly recommend Trinity’s services to anyone considering a sale of their business."

- Keiko Ono Aoki, Chief Executive Officer

Benihana of Tokyo

has sold a 75% stake in its subsidiary

Minor International

Manna Development Group

Manna Development Group LLC, a franchisee of Panera, LLC, has secured a credit facility from CapitalSpring

Manna Development Group

Transaction Overview

Trinity Capital LLC served as the exclusive financial advisor to Manna Development Group LLC, and affiliates, a Panera Bread franchisee with 97 cafes in five states, in securing financing to refinance its existing indebtedness and acquire 38 Panera Bread cafes in Colorado from a franchisee. Trinity successfully negotiated and secured credit facilities, including a development line of credit. Trinity worked with Manna Development Group LLC to identify and select the best lending partner, properly structure and negotiate the transaction and set up the company for future growth.

Transaction Testimonial

"Trinity was a valuable advisor throughout a lengthy engagement, helping my team explore and understand the various strategic alternatives available to us. Their investor relationships and industry knowledge ensured a smooth process once a decision to explore a refinancing was made. Trinity’s team guided us through each step of the transaction process: negotiating initial terms, leading our side during financial diligence and structuring the final agreements. Their professionalism and expertise were second-to- none, and I would highly recommend their services to other business owners considering a refinancing or sale."

- Paul Saber, President and Chief Executive Officer

Manna Development Group

has secured a credit facility from

CapitalSpring

BurgerBusters Inc.

BurgerBusters Inc. has secured a $200 million senior credit facility from BBVA Compass

BurgerBusters Inc.

Transaction Overview

Trinity Capital LLC served as the exclusive financial advisor to BurgerBusters Inc. (“BurgerBusters”), a Taco Bell, KFC, Pizza Hut and Long John Silver’s franchisee with 142 restaurants in Virginia, North Carolina, West Virginia, Maryland and Pennsylvania, in the acquisition of 25 Taco Bell restaurants in southwestern Virginia from Tacoma, Inc. In conjunction with the acquisition, Trinity advised BurgerBusters on a new credit facility with a lender syndicate led by BBVA Compass, and on sale-leaseback financing with Realty Income Corporation for the real estate related to the acquired restaurants.

Transaction Testimonial

"My relationship with Trinity dates back many years and includes several prior transactions. This latest transaction not only increased our unit count more than 20% and expanded our footprint in Virginia, it also provided access to additional capital for continued growth. Trinity’s sound advice and seamless execution helped us complete a complicated deal on the best possible terms. I look forward to working with them again and highly recommend Trinity to anyone considering a transaction."

- Tassos Paphites, Chairman and Chief Executive Officer

BurgerBusters Inc.

has secured a $200 million senior credit facility from