EXHIBIT 21.1
TRIARC COMPANIES, INC.
LIST OF SUBSIDIARIES AS OF
December 30, 2007
Subsidiary | State or Jurisdiction Under Which Organized |
Triarc Acquisition, LLC (formerly, Arby’s Acquisition, LLC) | Delaware |
Arby’s Restaurant Holdings, LLC | Delaware |
Triarc Restaurant Holdings, LLC | Delaware |
Arby's Restaurant Group, Inc. | Delaware |
RTM Acquisition Company, LLC | Georgia |
Arby's Restaurant, LLC | Delaware |
RTM, LLC | Georgia |
RTMSC, LLC | South Carolina |
RTM Savannah, LLC. | Georgia |
RTM Georgia, LLC | Georgia |
Franchise Associates, LLC | Minnesota |
ARG Resources, LLC | Georgia |
RTM Alabama, LLC | Alabama |
RTM Gulf Coast, LLC | Alabama |
RTM West, LLC | California |
RTM Ventures, LLC | California |
RTM Sea-Tac, LLC | Washington |
RTM Portland, LLC | Oregon |
RTM Indianapolis, LLC | Ohio |
RTM Mid-America, LLC | Indiana |
Arby's Support Center, LLC | Delaware |
Arby's, LLC | Delaware |
Arby's of Canada Inc. | Ontario |
Arby's IP Holder Trust | Delaware |
Sybra, LLC | Michigan |
RTM Partners, LLC | Georgia |
RTM Development Company, LLC | Delaware |
RTM Operating Company, LLC | Delaware |
RTM Operating Company of Canada, Inc. | Ontario |
ARG Services, Inc. | Colorado |
TCMG-MA, LLC | Delaware |
Jurl Holdings, LLC(1) | Delaware |
RCAC, LLC | Delaware |
Madison West Associates Corp. | Delaware |
280 BT Holdings LLC(2) | New York |
National Propane Corporation(3) | Delaware |
NPC Holding Corporation | Delaware |
Citrus Acquisition Corporation | Delaware |
Adams Packing Association, Inc. (formerly New Adams, Inc.) | Florida |
Home Furnishing Acquisition Corporation | Delaware |
GVT Holdings, Inc. (4) | Delaware |
TXL Corp. (formerly Graniteville Company) | South Carolina |
SEPSCO, LLC | Delaware |
280 Holdings, LLC | Delaware |
Triarc Deerfield Holdings, LLC(5) | Delaware |
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(1) 99.7% capital interest owned by Triarc Companies, Inc. ("Triarc"). Certain former members of management of Triarc have been granted an equity interest in Jurl Holdings, LLC ("Jurl") representing in the aggregate a 0.30% capital interest in Jurl and up to a 15% profits interest in Jurl's interest in Jurlique.
(2) 80.1% owned by Madison West Associates Corp. ("Madison West"), 11.3% owned by affiliates of Triarc and 8.6% owned by unaffiliated third parties.
(3) 24.3% owned by SEPSCO, LLC and 75.7% owned by Triarc.
(4) 50% owned by Triarc and 50% owned by SEPSCO, LLC.
(5) 99.7% capital interest owned by Triarc and 0.01% capital interest owned by Madison West. Certain former members of management of Triarc have been granted an equity interest in Triarc Deerfield Holdings, LLC ("TDH") representing in the aggregate a 0.29% capital interest in TDH.