Add-on Acquisition • Restaurants

MTY Acquires L.E. Cafe Depot

On July 8, 2014, MTY acquired restaurant L.E. Cafe Depot

Acquisition Context
  • This is MTY’s 17th transaction in the Restaurants sector.
  • This is MTY’s 20th transaction in Canada.
  • This is MTY’s 8th transaction in Quebec.

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M&A Deal Summary

Date July 8, 2014
Target L.E. Cafe Depot
Sector Restaurants
Buyer(s) MTY
Deal Type Add-on Acquisition

Target Company

L.E. Cafe Depot

Montreal, Quebec, Canada
L.E. Cafe Depot Inc. owns and operates cafes and serves coffee and pastries. The company was founded in 1995 and is based in Montreal, Canada.
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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 21 of 48
Sector: Restaurants 17 of 40
Type: Add-on Acquisition 18 of 43
State: Quebec 8 of 19
Country: Canada 20 of 37
Year: 2014 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-08 Sushiman

Montréal, Quebec, Canada

Sushiman Inc. owns and operates a fast food restaurants. The company is based in Montréal, Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-21 Madisons New York Grill & Bar

Montréal, Quebec, Canada

Madisons New York Grill & Bar operates 14 franchised stores in the province of Quebec. The company was founded in 2004 and is headquartered in Montréal, Canada.

Buy $13M