Ropes & Gray Advises Partners Group on the sale of Pacific Bells
Ropes & Gray advised Partners Group on its sale of Pacific Bells to Orangewood Partners. Terms of the transaction were not disclosed. The deal was announced on November 11th in a press release.
Pacific Bells is a leading Taco Bell franchisee in the United States with more than 250 restaurants across nine states. Partners Group is a leading global private markets firm that has invested over $150 billion since 1996 in private equity, private real estate, private debt and private infrastructure on behalf of its clients.
The Ropes & Gray team that represented Partners Group was led by private equity partner Garrett Charon (New York), and included leveraged finance partner Stefanie Birkmann (New York), private equity counsel Andrea Bidegaray Stephen (New York), employment, executive compensation & benefits partner Danna Kivell (New York), tax partner Lee Allison (New York) and leveraged finance counsel Nichole Tackett-Lopez (Chicago).