City Capital acquired Redberry Group. Financial terms were not disclosed. Redberry is one of the largest quick-service restaurant franchisees in North America with 134 total restaurants consisting of 111 Burger King restaurants and 23 Pizza Hut restaurants, all located in Canada. Redberry is the largest Burger King franchisee in Canada with roughly 40% of the brand’s footprint in Canada. “We are thrilled to be acquiring two iconic restaurant brands in the highly attractive Canadian QSR market. The Burger King brand is underpenetrated in Canada relative to other QSR burger brands, and we see a compelling opportunity for expansion. Similarly, Redberry has a strong Pizza Hut presence in Alberta with a base of nicely profitable units. The opportunity to continue to develop new units in the market is quite attractive to us.” Dan Kipp, CCV Co-Founder and Managing Partner.