M&A Deal Summary

MTY Acquires Built Franchise Systems

On November 14, 2017, MTY acquired restaurant Built Franchise Systems

Acquisition Highlights
  • This is MTY’s 30th transaction in the Restaurants sector.
  • This is MTY’s 5th transaction in the United States.
  • This is MTY’s 4th transaction in California.

M&A Deal Summary

Date 2017-11-14
Target Built Franchise Systems
Sector Restaurants
Buyer(s) MTY
Deal Type Add-on Acquisition

Target

Built Franchise Systems

Culver City, California, United States
Built Franchise Systems LLC is an own and operates of restaurant which provides burgers, fries, shakes, and more, all in a laid back space. Made (or “BUILT”) for everyone — adults, kids, teens, families and everyone in between — BUILT® features The Counter’s® best-selling quality ingredients, only in a speedier setting.

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Buyer(S) 1

Buyer

MTY

St. Laurent, Quebec, Canada

Category Company
Founded 1979
Sector Food
Employees7,326
Revenue 1.2B CAD (2023)
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 incorporated in 1979 and is based in Saint-Laurent, Canada.


DEAL STATS #
Overall 35 of 48
Sector (Restaurants) 30 of 40
Type (Add-on Acquisition) 30 of 43
State (California) 4 of 5
Country (United States) 5 of 10
Year (2017) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-14 The Counter

Culver City, California, United States

CB Franchise Systems LLC is an own and operator restaurants which offers a fresh, unconventional approach to creating the ultimate burger, boasting over a million possible burger combinations with a choice from seven proteins, 13 distinct cheeses, 34 signature toppings, 21 unique sauces and 11 types of buns or fresh greens.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-15 Mmmuffins

Saint-Laurent, Quebec, Canada

Mmmuffins opened its doors at Toronto’s Eaton Centre in 1979 with one simple goal - to provide freshly baked muffins and fresh ground coffee to each customer. Today, mmmuffins operates 15 locations from coast to coast and has expanded its product line up to include cookies, croissants, danishes, soup, sandwiches and cupcakes.

Buy -