Announced
Completed
Financials
Tags
Domestic
Majority
Single Bidder
Acquisition
Canada
Completed
Restaurants and Bars
Private
restaurant chain
Friendly
Synopsis
Foodtastic, a franchisor of multiple restaurant concepts, completed the acquisition of Shoeless Joe's Sports Grill, a restaurant chain. Financial terms were not disclosed. "We are extremely happy to welcome Shoeless Joe's in our family. It is a great sports bar brand that will fit in perfectly in our restaurant portfolio. We are excited that Frank Lopreiato will stay on board as an equity partner and lead the brand, we are also looking forward to working with all our new franchisees and growing Shoeless Joe's in Canada," Peter Mammas, Foodtastic President and CEO.
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