M&A Deal Summary

MTY Acquires Giorgio Ristorante

On May 8, 2017, MTY acquired restaurant Giorgio Ristorante

Acquisition Highlights
  • This is MTY’s 25th transaction in the Restaurants sector.
  • This is MTY’s 26th transaction in Canada.
  • This is MTY’s 12th transaction in Quebec.

M&A Deal Summary

Date 2017-05-08
Target Giorgio Ristorante
Sector Restaurants
Buyer(s) MTY
Deal Type Add-on Acquisition

Target

Giorgio Ristorante

Boucherville, Quebec, Canada
Giorgio Ristorante is a unique Restaurant in every way. Giorgio have a wide range of signature dishes, Soups, salads and ofcourse our special main course all-time favourite items. Giorgio offer specials every weekend including special desserts, so we make sure to ask for our specials.

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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 30 of 48
Sector (Restaurants) 25 of 40
Type (Add-on Acquisition) 25 of 43
State (Quebec) 12 of 19
Country (Canada) 26 of 37
Year (2017) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-08 The Works Gourmet Burger Bistro

Oakville, Ontario, Canada

The Works Gourmet Burger Bistro is a chain of restaurants offering desserts, burgers, dipsticks, limp briskets and potato chips.The Works Gourmet Burger Bistro was established in 2001 and is headquartered in Oakville, Ontario.

Buy $8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-12 Houston Avenue Bar & Grill

Toronto, Ontario, Canada

Houston Avenue Bar & Grill owns and operates as a chain of steakhouse restaurants that specializes in offering soups, salads, ribs and wines. Houston Avenue Bar & Grill was established in 2008 and is headquartered in Toronto, Ontario.

Buy -