M&A Deal Summary

Sparrowtech Multimedia Acquires Tazza Espresso Bar & Cafe

On November 28, 2006, Sparrowtech Multimedia acquired restaurant Tazza Espresso Bar & Cafe

Acquisition Highlights
  • This is Sparrowtech Multimedia’s 1st transaction in the Restaurants sector.
  • This is Sparrowtech Multimedia’s 1st transaction in Canada.
  • This is Sparrowtech Multimedia’s 1st transaction in Ontario.

M&A Deal Summary
Date 2006-11-28
Target Tazza Espresso Bar & Cafe
Sector Restaurants
Buyer(s) Sparrowtech Multimedia
Deal Type Add-on Acquisition

Target

Tazza Espresso Bar & Cafe

Woodbridge, Ontario, Canada
Tazza Espresso Bar & Cafe is a leased facility comprised of approximately 2800 square feet accommodating approximately 202 patrons, excluding a spacious patio licensed for an additional 60 patrons. Tazza offers a classical atmosphere comprised primarily of black and red hues.

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Buyer(S) 1

Buyer

Sparrowtech Multimedia

Oakville, Ontario, Canada
Category Company
Founded 2000
Sector Media
DESCRIPTION

Sparrowtech Multimedia Corp. is a provider of an innovative brand networking application that will include magazine, television and internet product distribution with a wide variety of complimentary services specifically designed for foodservice, hospitality and tourism professionals as well as domestic connoisseurs.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2006) 1 of 1
Mergr

Product

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