Representative Transactions from Trinity Capital

Luihn Four, Inc., and Lubell, Inc.

Luihn Four, Inc., and Lubell, Inc. franchisees of Taco Bell, KFC, Pizza Hut and Long John Silver’s, in the sale of their restaurants to Luihn VantEdge Partners.

Luihn Four, Inc., and Lubell, Inc.

Transaction Overview

Trinity Capital LLC served as the exclusive financial advisor to Luihn Four, Inc., and Lubell, Inc. (collectively, the “Company”), franchisees of Taco Bell, KFC, Pizza Hut and Long John Silver’s, in the sale of their restaurants to Luihn VantEdge Partners. The Company operates 109 restaurants across Florida, North Carolina, South Carolina and Virginia. Trinity Capital introduced the sellers to potential investors, guided them through the due diligence process and assisted in the negotiation of the purchase agreement and helped navigate the franchisor approval process, culminating in a partnership to carry on the Company’s legacy.

Transaction Testimonial

"Trinity served as an advisor to my family for many years, so engaging Trinity to recapitalize my business was an easy choice. Throughout the process, Trinity’s professionals provided exceptional service and bedside manner. Their deep industry experience and willingness to put in long hours on our behalf helped to navigate the hurdles that arose in negotiation of the purchase agreement and closing process. Transactions are complex and time consuming, and I truly believe my family would not have realized such a successful outcome without Trinity’s services. We highly recommend Trinity to anyone seeking to sell their business. "

-Jody Luihn, CEO, Luihn Four, Inc.

Luihn Four, Inc., and Lubell, Inc.

franchisees of Taco Bell, KFC, Pizza Hut and Long John Silver’s, in the sale of their restaurants to

Luihn VantEdge Partners

CSM Group

CSM Group, a franchisee of Popeyes Louisiana Kitchen, Inc. has secured a term loan 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 loan 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

Porter Apple Company

Porter Apple Company a franchisee of Applebee’s has completed the sale of its Applebee’s franchised restaurants to Apple Corps, L.P.

Porter Apple Company

Transaction Overview

Trinity Capital LLC served as the exclusive financial advisor to Porter Apple Company, an Applebee's franchisee with eight restaurants in South Dakota, Iowa and Nebraska in the sale of its Applebee's restaurants. 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.

Porter Apple Company

has completed the sale of its Applebee’s franchised restaurants to

Apple Corps, L.P.

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

Burger Holdings, LLC and Burger Gulf Coast, LLC

Burger Holdings, LLC and Burger Gulf Coast, LLC, a franchisee of Burger King Corporation has completed a sale of its restaurants to Consolidated Burger Holdings, LLC, a portfolio company of Union Capital

Burger Holdings, LLC and Burger Gulf Coast, LLC

Transaction Overview

Trinity Capital LLC served as the exclusive financial advisor to Apple Investors Group and its Burger King franchisee subsidiaries, Burger Holdings, LLC and Burger Gulf Coast, LLC (the “Business”), in the sale of its 66 Burger King restaurants in Florida and Georgia to Consolidated Burger Holdings, LLC, a portfolio company of Union Capital. Trinity ran a highly competitive and diligent sale process, which generated substantial interest from institutional investors and franchisees alike to ultimately yield a premium valuation to the seller. Additionally, Trinity assisted both the buyer and the seller in navigating through all the nuances of diligence, consents and approvals.

Transaction Testimonial

"From the very outset of engaging Trinity, they proved they were the right advisor for our transaction. Their team’s knowledge of the M&A process, reputation in the restaurant industry and professionalism throughout helped guide me through every step of the transaction. We appreciated the valuable guidance and advice they provided as we navigated through finding an optimal buyer, negotiating a purchase agreement, managing the due diligence process and ultimately assisting with franchisor consent in transitioning to the new owner. We couldn’t be more pleased with the outcome and would work with the Trinity team on any of my future transactions."

-Andy Patel, Owner

Burger Holdings, LLC and Burger Gulf Coast, LLC

completed a sale of its restaurants to a Consolidated Burger Holdings, LLC, a portfolio company of