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LEISURE | Restaurants
pacificbells.com

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Founded Year

1986

Stage

Acq - Fin - II | Alive

About Pacific Bells

Pacific Bells was founded in 1986 with the opening of a single Taco Bell outlet in Oregon and has since grown across Oregon, Ohio, Washington, and Wisconsin through new store openings and franchise acquisitions.

Pacific Bells Headquarter Location

111 West 39th Street

Vancouver, Washington, 98660,

United States

360-694-7855

Latest Pacific Bells News

Princess Private Equity : November 2021

Dec 24, 2021

12/24/2021 | 01:57am EST Message : *Required fields P R I N C E S S P R I V A T E E Q U I T Y H O L D I N G L I M I T E D M o n t h l y r e p o r t a s o f 3 0 N o v e m b e r 2 0 2 1 Princess publishes November NAV Princess Private Equity Holding Limited's (Princess or the Company) net asset value decreased by 0.4% to EUR 15.38 per share Portfolio developments were flat (-0.0%) while currency movements were positive (+0.1%) Princess received distributions of EUR 26.8 million and invested EUR 13.8 million In November, Princess received distributions of EUR 26.8 million, of which EUR 16.4 million was received from the sale of Pacific Bells, a leading fran- chisee of the Taco Bell brand in the US. Since Partners Group acquired Pacific Bells in 2015, it has worked with the Company's management team to meaningfully grow EBITDA and headcount, as well as almost triple the number of stores from 86 at the time of investment. In the last six years, Pacific Bells has also entered new markets, including in Wisconsin, California, Mississippi, Tennessee, and Alabama, introduced new energy efficiency projects, and optimized operating processes. EUR 9.8 million was received from the sale of Hortifruti Natural da Terra ("Hortifruti"), Brazil's largest fresh food retail chain. Over the last five years, Partners Group has employed its entrepreneurial governance approach at Hortifruti to support the implementation of several transformational value creation initiatives and drive the company's strong growth. Partners Group helped the business almost double its store base through both organic expansion and add-on acquisitions, created and expanded its online capabilities, and optimized its delivery of fresh products to homes, ensuring the same high level of service and product quality that shoppers are accustomed to when buying in person. Princess invested EUR 13.8 million, of which EUR 8.1 million was invested in a large grocery retailer in the UK. The company has several hundred stores, which are primarily located in city centers and suburban areas, and a portfolio of petrol stations. The company benefits from a vertically integrated supply chain, with food manufacturing sites and distribution centers, and has a growing online presence. EUR 1.2 million was invested in EyeCare Partners, a leading clinically integrated network of ophthalmology and optometry providers in the US, and EUR 4.6 million was invested in a confidential investment. Princess declared a second interim dividend of EUR 0.335 per share in November, with the shares trading ex-dividend during the month. In aggregate with the first interim dividend of EUR 0.335 per share, this represents a total dividend for FY 2021 of EUR 0.67 per share, in-line with previous guidance to distribute 5% of opening net asset value for each financial year, via semi-annual payments. Key figures 20.4% P R I N C E S S P R I V A T E E Q U I T Y H O L D I N G L I M I T E D M o n t h l y r e p o r t a s o f 3 0 N o v e m b e r 2 0 2 1 Princess Private Equity Holding Limited (Princess or the Company) is an investment holding company listed on the London Stock Exchange. The Company's investment objective is to provide shareholders with long-term capital growth and an attractive dividend yield by investing in a global portfolio of private companies. Princess is managed in its investment activities by Partners Group, a global private markets investment management firm with USD 119 billion in investment programs under management in private equity, private debt, private real estate and private infrastructure. Information

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