Heartland Food Corp. (“Heartland”) acquired an initial 128 Burger King franchises from the bankrupt estate of AmeriKing Inc. At the time of acquisition, Heartland was generating approximately $3.0 million in annual EBITDA. Subsequent to acquisition, Heartland recorded 35 consecutive months of positive same store sales growth enabling Heartland to acquire 120 additional franchise locations. In its third year following acquisition, Heartland generated approximately $25.0 million of annual EBITDA at which time the company was successfully sold to GSO Capital Partners LLC (now part of The Blackstone Group). At the time of sale, Heartland was the second largest franchisee of Burger King restaurants in the United States.