Add-on Acquisition • Restaurants

MTY Acquires Küto Comptoir à Tartares

On October 18, 2021, MTY acquired restaurant Küto Comptoir à Tartares

Acquisition Context
  • This is MTY’s 38th transaction in the Restaurants sector.
  • This is MTY’s 37th transaction in Canada.
  • This is MTY’s 19th transaction in Quebec.

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M&A Deal Summary

Date October 18, 2021
Target Küto Comptoir à Tartares
Sector Restaurants
Buyer(s) MTY
Deal Type Add-on Acquisition

Target Company

Küto Comptoir à Tartares

Delson, Quebec, Canada
Küto Comptoir à Tartares is an operator of a restaurant chain specializing in offering tatar in Delson. Küto Comptoir à Tartares is based in Delson, Quebec.
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Buyer Overview 1

Buyer

MTY

St. Laurent, Quebec, Canada

Category Company
Founded 1979
Sector Restaurants
Employees7,632
Revenue 1.2B CAD (2024)
DESCRIPTION

MTY is an operator of quick?service, fast?casual, and casual dining restaurants. MTY was incorporated in 1979 and is based in Saint-Laurent, Canada.


Deal Context for Buyer #
Overall 46 of 48
Sector: Restaurants 38 of 40
Type: Add-on Acquisition 41 of 43
State: Quebec 19 of 19
Country: Canada 37 of 37
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-02 Tortoise Group

Las Vegas, Nevada, United States

Tortoise Group owns and operates under Turtle Jack's Muskoka Grill, COOP Wicked Chicken, and Frat's Cucina brands. There are currently 19 franchised Turtle Jack's restaurants in operation. Tortoise Group is based in Las Vegas, Nevada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-09 BBQ Holdings

Minnetonka, Minnesota, United States

BBQ Holdings is a franchisor and operator of casual and fast casual dining restaurants across 37 states in the U.S., Canada, and the United Arab Emirates. Its flagship restaurant brands operate under the famous dave’s, village inn, barrio queen, and granite city, banners. BBQ Holdings is based in Minnetonka, Minnesota.

Buy $200M