Alignment Credit, a provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to REGO Restaurant to refinance previous debt facilities and provide capital for growth.
“We are excited to partner with Alignment Credit as we move into REGO’s new phase and focus on Quiznos’ expansion nationally and internationally,” Coady Smith, board member of REGO and principal at High Bluff Capital, said. “Alignment’s collaborative approach and ability to devise a creative credit solution uniquely tailored to our strategic needs makes them an ideal strategic growth partner for us.”
“Alignment Credit’s financing empowers REGO to accelerate the growth of its iconic franchisor brands, Quiznos and Taco Del Mar, and elevate its airport operations,” Neel Patel, CEO of REGO, said. “With this strategic debt capital partnership, we will expand our footprint, drive franchisee success, and deliver exceptional guest experiences, creating lasting value for all stakeholders.”
“Having seen the impressive High Bluff Capital-led strategic turnaround of Quiznos resulting in a stronger brand, improved profitability and committed franchisee base, Alignment Credit is thrilled to support the company’s talented management team on its quest to reignite growth and solidify Quiznos’ position as a preeminent QSR sandwich franchise,” Vadim Margulis, managing partner of Alignment Credit, said.
