M&A Deal Summary

Brinker International Acquires Speedy Creek - 11 Existing Chili Restaurants

On May 21, 2013, Brinker International acquired restaurant Speedy Creek - 11 Existing Chili Restaurants from Speedy Creek

Acquisition Highlights
  • This is Brinker International’s 2nd transaction in the Restaurants sector.
  • This is Brinker International’s 1st transaction in Canada.
  • This is Brinker International’s 1st transaction in Alberta.

M&A Deal Summary
Date 2013-05-21
Target Speedy Creek - 11 Existing Chili Restaurants
Sector Restaurants
Buyer(s) Brinker International
Sellers(s) Speedy Creek
Deal Type Divestiture

Target

Speedy Creek - 11 Existing Chili Restaurants

Alberta, Canada
Speedy Creek - 11 Existing Chili Restaurants, comprises 11 Chili's restaurant.

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Buyer(S) 1

Buyer

Brinker International

Dallas, Texas, United States
Category Company
Founded 1975
Sector Restaurants
Employees64,323
Revenue 4.1B USD (2023)
DESCRIPTION
Entrance to Brinker's corporate headquarters in Dallas, Texas.
Entrance to Brinker's corporate headquarters in Dallas, Texas.

Brinker International is a casual dining restaurant company. Brinker owns, develops, operates, and franchises full-service casual dining restaurants under the Chilis Grill & Bar and Maggianos Little Italy brands primarily in the United States. Brinker International was founded in 1983 and is based in Dallas, Texas.

DEAL STATS #
Overall 2 of 3
Sector (Restaurants) 2 of 3
Type (Divestiture) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-01 On The Border Mexican Grill & Cantina

Irving, Texas, United States

On The Border is the largest full-service Mexican restaurant brand in the country, offering a wide variety of Mexican favorites, with a focus on fresh, signature and value-oriented dishes, complemented by a full offering of alcoholic and non-alcoholic beverages. On The Border currently owns and operates 121 units across the U.S. The brand also franchises 36 units across the U.S., Puerto Rico, Saudi Arabia, and South Korea. On The Border Mexican Grill & Cantina was founded in 1982 and is based in Irving, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-25 Pepper Dining

Charlotte, North Carolina, United States

Pepper Dining Dining is a leading franchisee of Chili's Grill and Bar restaurants. The company operates over 90 restaurants in the Northeastern and mid-Atlantic region.

Buy $107M

Seller(S) 1

SELLER

Speedy Creek

Edmonton, Alberta, Canada
Category Company
Sector Restaurants
DESCRIPTION

Speedy Creek (2011) LTD owns and operates restaurants under the brand name Chili's Texas Grill.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2013) 1 of 1
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