![k-mac enterprises inc plans k-mac enterprises inc plans](https://www.k-macelectric.com/s/misc/logo.png)
Learn more about this at A/B MAC Jurisdiction K Award Fact Sheet (PDF). As NGS is the incumbent contractor for this A/B MAC jurisdiction, CMS anticipates that implementation of the new contract will go smoothly, with few (if any) disruptions in service for Medicare beneficiaries and providers.
![k-mac enterprises inc plans k-mac enterprises inc plans](https://static01.nyt.com/images/2020/07/12/business/10Retiring-illo-sub/10Retiring-illo-sub-mediumSquareAt3X.jpg)
This contract will also administer Medicare Home Health and Hospice (HH+H) FFS claims in the states of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
![k-mac enterprises inc plans k-mac enterprises inc plans](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iH3kl3yFPuyk/v1/-1x-1.jpg)
(NGS) a new contract for the administration of Medicare Part A and Part B Fee-for-Service (FFS) claims in the states of Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont (also known as A/B MAC Jurisdiction K). On December 15, 2021, the Centers for Medicare & Medicaid Services (CMS) awarded National Government Services, Inc. Brookwood was instrumental in negotiating favorable terms for the shareholders.Contract Award for A/B MAC Jurisdiction K Brookwood highlighted the relevant selling points in its marketing process, which resulted in nearly 30 bids for the business and related real estate. All required remodels were completed, and the Company had no remaining mission style (old format) buildings, which is very rare in the Taco Bell system. Brookwood contacted strategic and financial buyers that would provide a good cultural fit for the Company.Įffective Marketing and Negotiating: The Company’s recent operating metrics were extremely strong and compared very favorably to other Yum! Brands franchisees. Highlights of the assignment included:įinding the Right Partner: The CEO and majority owner was looking to retire from the business and find the right purchaser who would take care of his long time employees. At the time of the sale, the Company owned the majority of its real estate – the land and building at 17 of its restaurants and the building at one other restaurant. The Company is a Yum! Brands franchisee operating 22 Taco Bell and KFC restaurants in north central Indiana. (the “Company”) on the sale of the Company to K-MAC Enterprises, Inc., a portfolio company of Olympus Partners. We are pleased to announce that Brookwood Associates advised the shareholders of KirTac, Inc. Brookwood simultaneously negotiated the sale of the real estate in a sale/leaseback transaction in coordination with K-Mac to ensure that the terms of the sale/leaseback did not put undue burden on the operations going forward. K-Mac offered a strong price along with a good cultural fit for the employees of KirTac. KirTac’s owner and CEO was looking to retire from the business and find the right purchaser who would take care of his long time employees.īrookwood Process – Brookwood contacted both strategic buyers and private equity groups who would partner with the COO and CFO for a transaction. The process attracted nealy 30 bids, including several bids from sale/leaseback providers on the real estate assets.Ĭompelling Results – Brookwood sold KirTac’s operations to K-Mac Enterprises, an Olympus Partners portfolio company. Engagement Process and OutcomesĬompelling Business Characteristics – KirTac’s units were current as to required remodels and the company had no mission style buildings which is rare in the Taco Bell system. Engagement Goalsīrookwood was engaged by shareholders to sell the business. KirTac operates 14 Taco Bells, 2 KFCs, 5 K-T’s and 1 Taco Bell Power Pumper restaurants with significant real estate holdings. A 22 unit YUM! Brand franchisee operating in north central Indiana.