RGT Foods, Inc. and affiliates (“RGT”), a Memphis, Tennessee based Taco Bell franchisee owned and operated by long-time franchisees Sean Tuohy and Michael Roe, has sold 37 Taco Bell restaurants in and around Cincinnati, OH to Ag Bells, LLC.
Auspex Capital acted as the sell-side M&A advisor to RGT for the transaction. This transaction is the sixth sell-side assignment, involving a total of 105 Taco Bell and KFC restaurants and the real estate underlying 55 of the locations, that Auspex has completed for RGT in the last 24 months. Since its inception in 2014, Auspex has completed a total of 39 separate transactions for RGT.
On his long and extensive relationship with the Auspex team, Sean Tuohy, CEO of RGT said: