Russell Harms of Orlando, Florida has joined an affiliate of Red Pine Capital Partners LLC as Director of Operations. Initially, Mr. Harms’ responsibilities will include the management and operation of two Checkers restaurants located in Northern Florida and the development of an out parcel.
Mr. Harms has over 25 years of experience in the QSR business, having developed numerous restaurant locations into top earning units in disparate regions. Prior to joining Quick Service Capital Partners LLC, Mr. Harms owned and operated D’Angelo Grilled Sandwiches restaurants in Orlando, Florida. Operating the sole D’Angelo’s units in the State of Florida, Mr. Harms achieved one of the highest overall guest satisfaction ratings in the D’Angelo system. Before opening D’Angelo, Mr. Harms was the sole Taco Bell franchisee in Aruba where he increased sales over 500% in just under a decade and established Taco Bell as the dominant QSR brand in the challenging Caribbean market.
“We could not be more excited to have Russell on board with Quick Service Capital Partners LLC,” said Kenneth Leon, managing member of QSCP. “He has an excellent reputation and a proven track record of multi-unit QSR management with a major brand including new store development and stabilization which is consistent with our vision,” added Michael Federman, a Red Pine principal.
“I have a passion for pleasing guests,” posited Mr. Harms. “My goal is to operate the best performing units in the Checkers franchise system and I look forward to growth opportunities with the company,” Mr. Harms added.
Red Pine Capital Partners, LLC (redpinecap.com) is a boutique equity and real estate investment firm with a focus on investments in middle-market, consumer-related businesses and real estate projects. Red Pine and its affiliated companies seek control positions in businesses where long-term capital appreciation can be achieved through the combination of creative management, new strategies and quality corporate assets as well as opportunistic investments in real estate requiring the repositioning of core real estate assets. Red Pine also structures and syndicates special situation bridge loans and interim financing, mezzanine loans and preferred equity loans in connection with real estate and other fixed assets.
Sectors in which Red Pine and its affiliates are active include retail and wholesale businesses, residential and commercial real estate, hotels, public storage facilities, manufacturing and distribution, QSR restaurants, gas stations and convenience stores.