06/14/2023
Citizens Advises on Sale of 59 Yum! Brands Restaurants in Atlanta
PROVIDENCE, RI – Trinity Capital, a division of Citizens Capital Markets, announced today that it served as the exclusive financial advisor to RC Group, LLC, a franchisee of Taco Bell, KFC, Pizza Hut and Long John Silver’s, on the sale of 58 Taco Bell restaurants and one KFC restaurant in Atlanta. The RC Group was owned by longtime franchisee Bob Carlucci, who has been in the Taco Bell system for more than 35 years.
“Bob has been a leader in the Taco Bell brand for many decades and has demonstrated success across multiple geographies,” said Zach Olson, managing director at Trinity. “This is an important transaction for him and his family and its success underscores the expertise and deep relationships the Trinity team has built over many decades.”
Citizens combines sector intelligence with a client-focused approach to realize our clients' true value. The Citizens team has more than 100 M&A professionals specializing in a range of industries across the United States. Citizens Capital Markets, Inc., is a subsidiary of Citizens Financial Group (NYSE: CFG).
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $222.3 billion in assets as of March 31, 2023. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,400 ATMs and more than 1,100 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
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