Bridgeman Foods

The Cypress Group served as exclusive advisor to Bridgeman Foods in the valuation and sale of its 38 Wendy's restaurants located in Florida to QFRM Holdings. This transaction marks the third and final divestiture of Wendy's restaurants by Bridgeman Foods this year, with the two preceding transactions having been for markets in the Southeast United States as well.

Based in Louisville, KY, Bridgeman Foods is one of the largest multi-brand franchisees in the country. The company continues to operate more than 150 Wendy's restaurants throughout the United States.

QFRM entered the Wendy's system 3 years ago, operating Wendy's restaurants in Indiana and Florida prior to this acquisition.

“The Cypress Group did a tremendous job advising us on the sale of our Wendy's restaurants in the Southeast United States. We truly appreciate all of the hard work that Bill Pabst and the Cypress team put into the complex, multi-transactional sale of our restaurants in three distinct markets. Bill’s expertise made a huge difference throughout the engagement, and without his and the Cypress team's guidance, we wouldn't have achieved such a successful outcome. The Cypress Group is truly top of the line in valuation, buyer identification, and negotiation, and we would highly recommend them to anyone.”

- Ryan Bridgeman, President of Bridgeman Foods

Cypress provided strategic guidance, valuation services, identification of potential buyers, and deal structuring and negotiation for Bridgeman Foods on all three of the Company's Wendy's divestitures this year.