M&A Deal Summary

MTY Food Group Acquires Kahala Franchising

On May 25, 2016, MTY Food Group, Inc. acquired restaurants company Kahala Franchising LLC (Kahala Brands) for 310M USD

Acquisition Highlights
  • This is MTY Food Group’s 20th transaction in the Restaurants sector.
  • This is MTY Food Group’s 1st largest (disclosed) transaction.
  • This is MTY Food Group’s 1st transaction in the United States.
  • This is MTY Food Group’s 1st transaction in Arizona.

M&A Deal Summary

Date 2016-05-25
Target Kahala Franchising LLC (Kahala Brands)
Sector Restaurants
Buyer(s) MTY Food Group, Inc.
Deal Type Add-on Acquisition
Deal Value 310M USD

Target

Kahala Franchising LLC (Kahala Brands)

Scottsdale, Arizona, United States
website
Kahala Franchising LLC (Kahala Brands) is a portfolio of 14 quick-service restaurant brands with approximately 2600 locations in over 25 countries including: Cold Stone Creamery®, Blimpie®, TacoTime™, Samurai Sam's Teriyaki Grill®, The Great Steak & Potato Company™, NrGize Lifestyle Cafe™, Surf City Squeeze®,

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Buyer(S) 1

Buyer

MTY Food Group, Inc.

St. Laurent, Quebec, Canada

website


Category Company
Founded 1979
SectorFood
Employees1,978
Revenue 552M CAD (2021)
DESCRIPTION

MTY is among the foremost quick service companies in Canada. It operates 26 banners, of which 22 are fully owned and 4 are under exclusive license agreements. MTY Group's multi-bannered strategy has allowed it to become a leader in its class. MTY was founded in 1979 and is based in Saint-Laurent, Canada.


DEAL STATS #
Overall 24 of 45
Sector (Restaurants) 20 of 37
Type (Add-on Acquisition) 20 of 40
State (Arizona) 1 of 3
Country (United States) 1 of 8
Year (2016) 1 of 4
Size (of disclosed) 1 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-19 Big Smoke Burger, Inc.

Toronto, Ontario, Canada

Big Smoke Burger, Inc. is a casual restaurant that serves grilled burgers and fresh hand-cut fries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-09 Fresh Enterprises LLC (dba Baja Fresh)

Irvine, California, United States

Fresh Enterprises LLC (dba Baja Fresh) is a chain of fast-casual Tex Mex restaurants.

Buy -