Plaza Dine, Inc., North Texas Family Foods, LLC, Lone Star Family Foods, LLC, and D-Tex Properties, LLC, collectively, (“PDI”), a Jacksonville, Texas based YUM! Brands franchisee owned and operated by long-time franchisee, Dennis Durrett, have sold 19 Taco Bell restaurants, including the real estate underlying seven of the locations, to Kumar Management Corp.
Seventeen of the stores sold are stand-alone Taco Bell restaurants, one is a Taco Bell/ KFC co-branded restaurant and one is a Taco Bell/ Long John Silver’s co-branded restaurant.
Auspex Capital, a long-time financial advisor to the Company, acted as the sell-side M&A advisor to PDI for the transaction.
