Atlanta Transactions Team Closes $300 Million Credit Facility for GPS Hospitality

ATLANTA—Womble Bond Dickinson client GPS Hospitality has closed a $300 million credit facility with SunTrust Bank. The facility will allow GPS Hospitality to continue its trajectory as the fastest growing company in the Southeast as designated by the Association for Corporate Growth for the last two years.

An Atlanta-based Womble Bond Dickinson team of Keith Taylor, Carolyn Wilson, Laura Hester, Joe Foltz, Phil Runkel and Ashley Bynoe paralegal Linda Martin guided GPS Hospitality in this complex transaction. The deal was completed under a tight three-week timetable.

In November, GPS Hospitality was named Burger King’s Global Franchisee of the Year for 2018.

About GPS Hospitality

Founded in 2012, GPS Hospitality is a BURGER KING® and Popeyes® Louisiana Kitchen franchisee, operating more than 400 restaurants in Alabama, Arkansas, Florida, Georgia, Louisiana, Maryland, Michigan, Mississippi, New Jersey, Pennsylvania, and West Virginia. GPS Hospitality seeks to become guests’ favorite QSR destination by implementing brand values of being Goal Focused, People Oriented and Service Obsessed. For more information, please visit www.gpshospitality.com or follow on LinkedIn, Facebook , Instagram and Twitter.