The Cypress Group served as exclusive advisor to Le Duff America in the refranchising of 29 Company-owned la Madeleine Country French Café restaurants in 4 core markets; Atlanta, Austin, Houston, and Louisiana.
The first group of stores, consisting of the 26 restaurants in the Austin, Houston, and Louisiana markets, has been awarded and sold to HZ LM Casual Foods, marking the organization’s entrance into the la Madeleine system.
The remaining 3 restaurants in Atlanta were awarded and sold to R. Hakim Corp, an existing la Madeleine franchisee. Cypress provided strategic guidance and valuation services, identifying potential acquirers, and structuring deal terms for Le Duff America.
“The Cypress team added significant value in every step of our refranchising process. From the planning, to the evaluation, to eventually what matters most, the selection of top notch franchisees, we got the best advice and support we could have hoped for. All this in record time as well, which is even more appreciated. Cypress delivered a top notch process.”
Olivier Poirot
CEO Le Duff America