Add-on Acquisition • Restaurants

MTY Acquires Koryo Korean BBQ Franchise

On August 15, 2011, MTY acquired restaurant Koryo Korean BBQ Franchise for 2M USD

Acquisition Context

This is MTY’s 10th transaction in the Restaurants sector.
This is MTY’s 20th largest (disclosed) transaction.
This is MTY’s 12th transaction in Canada.
This is MTY’s 3rd transaction in Alberta.

Explore All 402 Add-on Acquisition Restaurants Deals - Search the Database Free

M&A Deal Summary
Date	August 15, 2011
Target	Koryo Korean BBQ Franchise
Sector	Restaurants
Buyer(s)	MTY
Deal Type	Add-on Acquisition
Deal Value	2M USD

Target Company

Koryo Korean BBQ Franchise

Calgary, Alberta, Canada

Koryo Korean BBQ Franchise Corp. operates a chain of barbeque restaurants has a total of 20 outlets in operation located in Alberta, British Columbia, Ontario, Quebec and Saskatchewan generating annual system wide sales of over $8 million, 19 stores are franchised or under an operator agreement, and 1 corporately owned store.

Explore More Deals

Browse All 215,262 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

MTY

St. Laurent, Quebec, Canada

Category	Company
Founded	1979
Sector	Restaurants
Employees	7,632
Revenue	1.2B CAD (2024)

DESCRIPTION

MTY is an operator of quick?service, fast?casual, and casual dining restaurants. MTY was incorporated in 1979 and is based in Saint-Laurent, Canada.

Deal Context for Buyer	#
Overall	13 of 48
Sector: Restaurants	10 of 40
Type: Add-on Acquisition	10 of 43
State: Alberta	3 of 3
Country: Canada	12 of 37
Year: 2011	2 of 3
Size (of disclosed)	20 of 22

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2011-04-27	Jugo Juice International Calgary, Alberta, Canada Jugo Juice International, Inc. operates, and franchises fast food stores with a total of 133 outlets in operation, of which 132 are franchised, located in seven provinces	Buy	$15M

DATE

TARGET

DEAL TYPE

VALUE

2011-04-27

Jugo Juice International

Calgary, Alberta, Canada

Jugo Juice International, Inc. operates, and franchises fast food stores with a total of 133 outlets in operation, of which 132 are franchised, located in seven provinces

Buy

$15M

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2011-08-18	Mr. Submarine Toronto, Ontario, Canada Mr. Submarine Ltd. operates and franchises restaurants and there are approximately 335 Mr. Sub outlets operating under franchise or operator agreements.	Buy	$23M

DATE

TARGET

DEAL TYPE

VALUE

2011-08-18

Mr. Submarine

Toronto, Ontario, Canada

Mr. Submarine Ltd. operates and franchises restaurants and there are approximately 335 Mr. Sub outlets operating under franchise or operator agreements.

Buy

$23M

Explore Related M&A Activity

Restaurants M&A - Add-on Acquisition M&A Deals - Alberta M&A - Canada M&A - 2011 M&A