MTY Food to acquire BBQ Holdings for $200m.

MTY Food, a franchisor in the quick service and casual dining food industry, agreed to acquire BBQ Holdings, a franchisor and operator of casual and fast casual dining restaurants, for $200m. “This transaction represents another key acquisition for MTY as we further scale and enhance our existing US portfolio through the addition of nine unique brands. The transaction combines highly complementary businesses, including BBQ Holdings’ exciting casual and fast casual brands. BBQ Holdings’ restaurants are well established within each of their respective markets with a strong network of franchise partners, well-run corporate owned locations, and a best-in-class management team. We are excited about the prospects of adding BBQ Holdings’ brands to the MTY family and we look forward to welcoming Jeff Crivello and his team and their franchise partners," Eric Lefebvre, MTY CEO.