Tim Ring Discusses Creative Capital, Terms and Tactics In Today’s Franchise Business

Tim Ring was one of the panelists discussing “Creative Capital, Terms and Tactics In Today’s Franchise Business” during the Franchise Times Dealmakers Week. The panel examined the capital structures that would work in an uncertain 2021 economy and described tactics, such as earnouts, to get a deal done when valuations diverge. Attendees learned best practices . . .

Automotive Keys Group Acquires Midwest Keyless

Monroe Moxness Berg served as counsel to Automotive Keys Group, LLC (“AKG”), a portfolio company of Kinderhook Industries, LLC, in its acquisition of Midwest Keyless, Inc. (“Midwest Keyless”). Based in Spring Grove, IL, Midwest Keyless is a remanufacturer and distributor of replacement OEM and aftermarket keyless entry remotes & keys as well as key-cutting and . . .

Corlex Capital Buys 10 Wingstop Locations, Plans to Open 13 More

Monroe Moxness Berg served as a legal advisor to Corlex Capital, a minority-owned private equity and consulting firm, in its acquisition, in partnership with Prospect Capital Restaurants, of 10 Wingstop restaurants in two markets. Corlex also signed an agreement with Wingstop Inc. to develop or acquire an additional 13 restaurants. Since 2019, Corlex has provided . . .