JS Holdings, LLC and DB Holdings, LLC (collectively “JSDB”), newly formed restaurant operating and real estate holding companies majority owned by entrepreneur Jay Sidhu and his son-in-law Brian Takagi, have acquired a majority stake in six Taco Bell restaurants and three properties underlying the restaurants. To finance the transaction, the Company secured loans totaling $13,450,000, including a $6,300,000 senior secured business term loan, a $4,100,000 senior secured real estate term loan, a $2,000,000 development line of credit and a $1,050,000 revolving line of credit. Auspex Capital acted as financial advisor and debt placement agent to JSDB for this transaction.
