M&A Deal Summary

MTY Acquires Mr. Souvlaki

On July 26, 2012, MTY acquired restaurant Mr. Souvlaki for 1M USD

Acquisition Highlights
  • This is MTY’s 12th transaction in the Restaurants sector.
  • This is MTY’s 22nd largest (disclosed) transaction.
  • This is MTY’s 14th transaction in Canada.
  • This is MTY’s 6th transaction in Ontario.

M&A Deal Summary
Date 2012-07-26
Target Mr. Souvlaki
Sector Restaurants
Buyer(s) MTY
Deal Type Add-on Acquisition
Deal Value 1M USD

Target

Mr. Souvlaki

Toronto, Ontario, Canada
Mr. Souvlaki Ltd. is a privately held company owns and operates fast-food restaurants in Canada and the United States.

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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 15 of 48
Sector (Restaurants) 12 of 40
Type (Add-on Acquisition) 12 of 43
State (Ontario) 6 of 14
Country (Canada) 14 of 37
Year (2012) 1 of 1
Size (of disclosed) 22 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-18 Mr. Submarine

Toronto, Ontario, Canada

Mr. Submarine Ltd. operates and franchises restaurants and there are approximately 335 Mr. Sub outlets operating under franchise or operator agreements.

Buy $23M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-30 Gestion SushiGo-Sesame

Old Ottawa, Ontario, Canada

SushiGo is a counter shop concept specialized in the preparation and the selling of sushi, meal soups and Asian meal salads, whether it is to go or to eat on location. Company Food come as a combo meal ready to eat or ordered directly from the menu, will find a variety of choices for an affordable price.

Buy $1M
Mergr

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