Company Description
Wenco Wooster, Inc. and Affiliates, after completing its recent acquisitions, now consists of 62 Wendy’s restaurants throughout the Ohio and Indiana region. Wenco is recognized by the franchisor, The Wendy’s Company, as an “A-rated” operator. As a result, Wenco was provided with this opportunity to add to its portfolio of Wendy’s restaurants.
Services Provided
MelCap Partners assisted Wenco in acquiring 26 restaurants from The Wendy’s Company and 3 restaurants from The Bolton Group. As the Company’s investment-banker and financial advisor through this process, MelCap Partners assisted Wenco in analyzing the merits of the acquisitions, conducted store level financial analysis, and developed various financing structure alternatives.
The Result
In an effort to continue to support Wenco’s aggressive growth plans, the Company successfully completed the acquisition of these 29 additional restaurants. Once integrated, the Company will be poised for future restaurant additions as made available in the market.
“MelCap Partners did a great job in helping us analyze these two acquisitions. As a long-time franchisee, we have been growing very rapidly, and their analysis and support were instrumental in helping us complete these transactions. We look forward to working with them again on our next acquisition.”
