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New Deal


Announced

Completed

Restaurant Brands International completed the acquisition of Firehouse Restaurant Group for $1bn.

Financials

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Transaction Value£745m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Restaurants and Bars

Single Bidder

Private

Quick Service Restaurant

Majority

United States

Friendly

Cross Border

Completed

Synopsis

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Restaurant Brands International, a quick service restaurant company, completed the acquisition of Firehouse Restaurant Group, a restaurant chain, for $1bn. "Firehouse Subs is a special brand with a talented team, impressive culture and community focus that resonates with guests and closely aligns with our core values at RBI. We see tremendous potential to accelerate US and international growth at Firehouse Subs with RBI's development expertise, global franchisee network and digital capabilities. We are excited to welcome the Firehouse Subs team to the RBI family and to continue our ambitious dream of building the world's most loved restaurant brands," José Cil, RBI CEO.

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