Flynn Snaps Up 62 Midwestern Taco Bells In Franchise Buy

Law360, New York (August 28, 2013, 3:14 PM EDT) -- In an effort to significantly expand its Taco Bell restaurant holdings, a unit of private equity-backed Flynn Restaurant Group LLC has snagged a 62-property Midwestern portfolio by acquiring Gateway Bells LLC, a franchisee for Yum Brands Inc., according to a Tuesday statement.

The deal, which closed last week, adds the Yum Brands establishments to Flynn Restaurant Group's quick service portfolio held by subsidiary Bell American Group, according to a statement. Financial details of the deal were not disclosed.

Most of the properties are located in St....
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