Other Representative Transactions

Silver Diner

Brand Recapitalization

Stout & Co.

Franchisee sell-side

Stanton & Associates

Franchisee Sell-Side
45 units

Moe’s Southwest Grill

Strategic Advisory

PJ’s Coffee

Brand Sell-Side

Tar Heal Capital

Franchisee Strategic Advisory

Texas Land & Castle

Strategic Advisory
Capital Raise

Wendco of Puerto Rico

Franchisee
Strategic Advisory

Wendy’s International

System Optimization III
Refranchising
540 units

TGIFriday’s, Inc.

Company Store Refranchising
169 units

Texas Steakhouse

Independent Brand
Sell-Side

Arby’s

Franchisee Advisory Program
Approx. 600 units

Sabo Ventures

Franchisee
Sell-Side

Salsarita’s Inc.

Independent Brand
Sell-Side
81 units

Waving Leaves, Inc.

Franchisee
Strategic Advisory
Partner Buyout

Cici’s Pizza

Brand Recapitalization and Equity Sale

Beef O’Brady’s

Brand Recapitalization and Equity Sale

Burger King Corporation

Franchisee Advisory Program
Multiple Markets

Bojangles’ Corporation

Consolidated Debt Restructure
250 units

Ameriking

Franchisee
Bankruptcy Sale