Carr, Riggs & Ingram Capital Advisors, LLC Assists Beavers Inc. in the Sale of Its Arby’s Operations and Assets to RTM Operating Company, LLC
MONTGOMERY, AL – October 15, 2019 – Carr, Riggs & Ingram Capital Advisors, LLC (CRI Capital Advisors) is pleased to announce that Beavers Inc. has completed the sale of the operations and assets related to 48 Arby’s Quick Service Restaurant units. The assets and operations were acquired by RTM Operating Company, LLC, a subsidiary of Arby’s Restaurant Group (ARG).
Jimmie Beavers and his family have been successful Arby’s franchisees for more than 33 years. Their stores were top performers within the Arby’s system due to the hard work, determination, and devotion of the Beavers family and a loyal team of exceptional leaders.
CRI Capital Advisors, LLC acted as the sole investment banking advisor to Beavers Inc. throughout the transaction.
About Carr, Riggs and Ingram Capital Advisors, LLC
CRI Capital Advisors, LLC is a merger and acquisitions focused investment banking firm providing solutions to lower-middle market companies. Clients of the firm typically generate between $10 million and $200 million in annual sales with valuations ranging from $5 million to $150 million. The firm has experience across a broad range of industries including: manufacturing, healthcare, business services, energy services and many others. The firm is a registered Broker Dealer with the Securities Exchange Commission and a member of FINRA and SIPC. Additional information is available on the firm’s website, www.criadv.com
CRI Capital Advisors, LLC is an affiliated firm of Carr, Riggs & Ingram, LLC; a top 20 CPA firm in the country with more than 60 offices and 2,000 professionals across the Southern United States.