M&A Deal Summary

MTY Acquires Tutti Frutti Dejeuners

On August 22, 2008, MTY acquired restaurant Tutti Frutti Dejeuners

Acquisition Highlights
  • This is MTY’s 5th transaction in the Restaurants sector.
  • This is MTY’s 6th transaction in Canada.
  • This is MTY’s 4th transaction in Quebec.

M&A Deal Summary

Date 2008-08-22
Target Tutti Frutti Dejeuners
Sector Restaurants
Buyer(s) MTY
Deal Type Add-on Acquisition

Target

Tutti Frutti Dejeuners

Laval, Quebec, Canada
Tutti Frutti operates restaurants in Canada. There are presently 28 existing Tutti Frutti outlets in Quebec in the breakfast casual dinning segment restaurant market.

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Buyer(S) 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 STATS #
Overall 7 of 48
Sector: Restaurants M&A 5 of 40
Type: Add-on Acquisition M&A Deals 5 of 43
State: Quebec M&A 4 of 19
Country: Canada M&A 6 of 37
Year: 2008 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-07 Koya Japan

St. Laurent, Quebec, Canada

Koya Japan, Inc. operates a franchise network of fast food outlets. The company was founded in 1985 and is headquartered in St. Laurent, Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-03 Taco Time Canada

Calgary, Alberta, Canada

Taco Time Canada, Inc. is a operator and franchiser of restaurants in Canada. There are 117 franchised Taco Time outlets in operation in Western Canada, with 51% of the outlets in shopping malls, and balance of the outlets on street front locations and power centres.

Buy $8M