Foodtastic Inc.
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Foodtastic Inc. - overview
Established
2012
Location
Montreal, QC, Canada
Primary Industry
Travel & Leisure
About
Based in Quebec, Canada, and founded in 2012, Foodtastic Inc. is a multi-brand restaurant company. Peter, Jacques, and Lawrence are the founders of the company La Belle et La Boeuf, which then became Foodtastic in 2016. Peter Mammas is the current President and CEO of the company.
In February 2021, Foodtastic Inc. raised USD 50 million in venture funding led by new investor Restaurant Royalty Partners. The company is a franchisor of multiple restaurant concepts including, Second Cup, Au Coq, La Belle et La Boeuf, Monza, Carlos & Pepe's, Souvlaki Bar, Nickels, Rotisseries Benny, Chocolato, Big Rig, Bacaro, Rotisserie Joliette, Tommy Café, Gatto Matto, La Chambre and L'Gros Luxe. The company manages over 370 restaurants.
The company's franchisees plan to open 90 new restaurants by mid of 2023.
Current Investors
Oaktree Capital Management, JHR Capital LLC, Restaurant Royalty Partners
Primary Industry
Travel & Leisure
Sub Industries
Hospitality Services, Restaurants & Nightlife
Website
www.foodtastic.ca
Total Amount Raised
Subscriber access only
Foodtastic Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Pita Pit Limited | - | ||||||||
| Add-on | Completed | Milestones Restaurant Ltd. | - | ||||||||
| Add-on | Completed | Copper Branche Corporation | - |
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