BciCapital, the commercial finance arm of City National Bank of Florida (CNB), provided $25 million in financing that enabled Excel Investments to acquire a controlling interest in 22 Sonic Drive-In restaurants in Tennessee. The transaction facilitated the expansion of Excel Investments’ existing chain of Sonic locations. Excel Investments is owned by Sonic franchisee Brent Johnson, who has owned dozens of restaurant franchise units in the Midwest and Southeast U.S. over the past 30 years and has won several national awards from the Sonic Drive-In chain.
BciCapital, the commercial finance arm of City National Bank of Florida (CNB), provided $25 million in financing that enabled Excel Investments to acquire a controlling interest in 22 Sonic Drive-In restaurants in Tennessee. The transaction facilitated the expansion of Excel Investments’ existing chain of Sonic locations. Excel Investments is owned by Sonic franchisee Brent Johnson, who has owned dozens of restaurant franchise units in the Midwest and Southeast U.S. over the past 30 years and has won several national awards from the Sonic Drive-In chain.
Excel Investments, the company owned by Gozitan developer Joe Portelli, has presented its plans for a replacement residential and commercial development on the site of the Go Exchange building in Birkirkara
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