Northwest Restaurants, Inc. (“NRI”), a Woodinville, Washington-based YUM! Brands franchisee owned and operated by long-time franchisee, Sam Sibert and his sons, Brett and Adam, has purchased 16 Taco Bell restaurants from the franchisor, Taco Bell Corp.
The 16 Taco Bell restaurants are located in the Seattle, Washington metropolitan area. With the close of this transaction, NRI and its affiliates own and operate a total of 175 Taco Bell, KFC and Taco Bell/KFC co-branded restaurants located in Oregon, Washington, Idaho, Utah, North Carolina and South Carolina.
Auspex Capital acted as the Buy-Side M&A advisor to NRI for this transaction. This is the fifth YUM! Brands acquisition Auspex has assisted the Sibert Family with over the last 10 years.