M&A Deal Summary |
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Date | 2016-12-20 |
Target | Ben & Florentine Restaurants |
Sector | Restaurants |
Buyer(s) | Imvescor Restaurant Group |
Deal Type | Add-on Acquisition |
Deal Value | 18M |
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Category | Company |
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Founded | 1967 |
Sector | Restaurants |
Employees | 263 |
Revenue | 276M CAD (2017) |
Imvescor Restaurant Group Inc. is an own and operator of restaurants in Eastern Canada under four banners: Pizza Delight® , operating primarily in Atlantic Canada, in the family/mid-scale segment, Toujours Mikes and Scores® , operating primarily in Québec in the family and casual dining segments and the take-out and delivery segments, and Bâton Rouge® , operating in Québec, Ontario and Nova Scotia in the casual dining segment. The Company also licenses to third parties the right to manufacture and sell prepared food products under the Pizza Delight® , Toujours Mikes, Scores® and Bâton Rouge® brands and, through its wholly-owned subsidiary, Groupe Commensal Inc., manufactures and sells vegetarian branded food products in grocery stores and retail outlets under the Commensal® brand.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Restaurants) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (Quebec) | 1 of 1 |
Country (Canada) | 1 of 1 |
Year (2016) | 1 of 1 |