In this episode of The Restaurant Boiler Room, Managing Director Rick Ormsby will answer franchise-related questions about M&A market conditions, cap rates, lending markets, and factors influencing a turnaround. It’ll be a good way to get some quick real-time insights ..read more

In this episode of The Restaurant Boiler Room, Managing Director Rick Ormsby is a panelist, along with Clay Harmon at Roark Capital Group and Barry Dubin at KBP Brands. The panel was moderated by Nick Cole at MUFG Bank, and it was entitled "Navigating an Acquisitions Path for Growth in 2024" at the 2023 Restaurant Finance & Development Conference held in Las Vegas. *shared with permission from Franchise Times ..read more

In this episode of The Restaurant Boiler Room, Managing Director Rick Ormsby discusses questions on the state of the M&A market for franchising at this moment, the difficulty of new unit development in this market, a quick discussion on when to invest in a franchise brand, and sharing some optimistic news about new franchises that are quietly making a big splash ..read more

In this episode of The Restaurant Boiler Room, Managing Director Rick Orsmby answers questions from listeners. Some questions include the answers to: 1. What makes a good franchise? How do I evaluate a brand? 2. How is the timeline changing for closing an M&A transaction? Is it more difficult and longer now? 3. Give me a quick update on the franchise real estate market ..read more

Join Managing Director Rick Ormsby with special guests Mike Eagen and Nick Cole as they discuss the following topics: - Macroeconomic outlook for franchise loans right now? - How have terms changed? - How are credit/risk-making decisions right now? - Which brands are performing well? - Second-half outlook for rates, leverage, and loan volume ..read more

Join Managing Director Rick Ormsby of Unbridled Capital as he discusses the recent survey results from 39 lender responses regarding the state of the union on the current environment for franchise M&A lending as of July 2023 ..read more

Join Managing Director Rick Ormsby of Unbridled Capital with VP Derek Ball and Tom Ice of Gray Ice Higdon Attorneys at Law as they discuss some legal considerations to make when you plan on acquiring a restaurant business. Some topics of discussion will include: 1. Negotiating a Letter of Intent 2. Key elements of a Purchase Agreement 3. Franchisor transfer approval legal considerations 4. Due diligence, leases, employees, and closing 5. Other: stock vs. asset sale, indemnifications, escrows, lease consents ..read more

With permission from Franchise Times, we will be playing a recent webinar with myself and others, moderated by the good folks at Franchise Times and the Restaurant Monitor. The webinar's title is: Franchisees Attracting New Investors and How You Can Join the Club. This was a webinar for Dealmaker’s Week, and Unbridled won a Dealmaker of the Year award for 2023. I hope you enjoy it ..read more

Managing Director of Unbridled Capital Rick Ormsby is joined by SG Ellison to discuss his rise from being a real estate investor to owning 300+ Taco Bell franchises. Some topics of discussion will include: 1. How SG got into the industry 2. How his team built out a 200+ unit platform on Taco Bell and Arby's restaurants 3. Thoughts on the current operating environment 4. M&A and growth plans for the future of our industry ..read more

Managing Director of Unbridled Capital Rick Ormsby discusses the following topics in this episode of The Restaurant Boiler Room: 1. Unbridled wins a dealmaker of the year award 2. New trends of franchisors preferring midsize operators to large PE funds 3. Thoughts from the recent KFC Convention 4. Supply and demand of restaurant M&A deals currently 5. Musings on the pizza business 6. Lenders eager for deal flow 7. Hiring a generalist vs a specialist investment banker ..read more