Add-on Acquisition • Restaurants

MTY Acquires Steak Frites St-Paul

On May 8, 2017, MTY acquired restaurant Steak Frites St-Paul

Acquisition Context
  • 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.

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M&A Deal Summary

Date May 8, 2017
Target Steak Frites St-Paul
Sector Restaurants
Buyer(s) MTY
Deal Type Add-on Acquisition

Target Company

Steak Frites St-Paul

Saint-Hubert, Quebec, Canada
Steak Frites St-Paul offers the perfect atmosphere and a menu for all tastes. Steak Frites St-Paul preserves tradition by offering the best quality beef, home-made steak sauce and traditional Belgian fries.
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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 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 -