Trinity Capital, the Los Angeles-based boutique investment firm, has announced the successful completion of the sale of 57 Taco Bell restaurants for OCAT, LLC, a Modesto, Calif.
According to OCAT, LLC president David Olson, Trinity Capital skillfully navigated the complicated franchisor approval process and successfully oversaw a sale that delivered premium value.
The OCAT sale is one of numerous financial transactions Trinity Capital managed this year for large franchise groups, representing a mix of QSR and fast casual restaurants, and foodservice products.
The Court's perspective on the proof tendered as to OCAT was that the issuer had not relied on the defendants:
Although [an OCAT official] testified that he thought [the underwriters] ought to advise OCAT on the selection of an investment contract because they had structured the bond issue and had an interest in making sure that bond issue did not fall short on construction, he also testified that he did not expect [defendant's firm] to take an active role, but rather to advise the bond trustee.
The bond trustee was no doubt in a fiduciary relationship vis-a-vis OCAT.
CLREC has developed 159 OCATs
to date and has begun to transition these locally developed cultural training materials to electronic courseware for deployment on Navy e-Learning.
M2 EQUITYBITES-February 27, 2015-Ocata Therapeutics to list on NASDAQ under OCAT
Mandatory pre-bid meeting will be held on 02/08/16 @ 10:00 AM at The Mike Monroney Aeronautical Center, OCAT
Offices at Building 225, Oklahoma City, OK.