M&A Deal Summary

MTY Acquires Grabbagreen

On February 19, 2018, MTY acquired restaurant Grabbagreen for 3M USD

Acquisition Highlights
  • This is MTY’s 33rd transaction in the Restaurants sector.
  • This is MTY’s 19th largest (disclosed) transaction.
  • This is MTY’s 6th transaction in the United States.
  • This is MTY’s 2nd transaction in Arizona.

M&A Deal Summary

Date 2018-02-19
Target Grabbagreen
Sector Restaurants
Buyer(s) MTY
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

Grabbagreen

Scottsdale, Arizona, United States
Grabbagreen is a quick service restaurant where great tasting, healthy food meet the speed and convenience of traditional fast food. Grabbagreen’s Eat Clean menu is semi-organic, preservative-free, and GMO free. The menu is based around super food ingredients and offers a full selection of grain and green-based bowls with hormone and antibiotic-free chicken and beef provided by local farms that can also be made into wraps.

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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 38 of 48
Sector (Restaurants) 33 of 40
Type (Add-on Acquisition) 33 of 43
State (Arizona) 2 of 3
Country (United States) 6 of 10
Year (2018) 3 of 7
Size (of disclosed) 19 of 22
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 Imvescor Restaurant Group

Montreal, Quebec, Canada

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.

Buy $247M