Multi-Unit Franchisee Magazine Issue II, 2011 | Page 60

Private equity
ing firm in Lousville focused on buying and selling restaurants for franchise companies with up
to 200 units, valued from about $5 million up to
$35 million.
A capital infusion brings not only money, expertise, and new beneficial relationships, but also
a freedom that allows franchisees to concentrate
on what they do best: growing their business. It
can also add an element of professionalism, such
as accounting, that might help save tax dollars,
suggests Monroe.
“Too often, management gets involved in things
that don’t drive profitability,” says Kevin Burke, Rick Ormsby
managing director at Trinity Capital. “Private equity firms are generally led by very bright people
who can tinker with and improve an organization’s
efficiency. They can take a lot of financial pressure
off, and bring in a very skilled board of directors,”
enabling the franchisee to “intensify their focus
and drive profitability.”
“A private equity p \