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Subway Announces Sale to Roark Capital

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MIAMI — Subway has entered into a definitive agreement to be acquired by affiliates of Roark Capital. The transaction is a major milestone in...

Foodtastic Secures $50-Million Equity Investment to Expand Acquisition Strategy

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MONTREAL — Foodtastic Inc. has secured a $50-million investment from Restaurant Royalty Partners (RRP), a joint venture between funds managed by Oaktree Capital Management,...

Aegis Brands Completes Acquisition of Bridgehead Coffee

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OTTAWA — The Second Cup Ltd. (Aegis Brands) has completed its acquisition of Ottawa-based specialty-coffee company Bridgehead Coffee.  The $9.5-million acquisition marks the company’s first since it...

Lightspeed POS Inc. Acquires Gastrofix

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MONTREAL — Lightspeed POS Inc. has entered into an agreement to acquire Gastrofix, a German cloud-based point-of-sale hospitality-software company. Lightspeed has agreed to purchase all...

Shaking Things Up: Acquisitions, Technology and Menu Innovation were the Key...

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Last year was a transformative one for the Canadian foodservice industry as operators struggled to address shifting demographics, as well as consumer demand for...

Riding the Wave of a Changing Franchise Landscape

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A year of steady economic growth has seen Canadians spend a few more dollars on commercial foodservice. In fact, Restaurants Canada’s recent Foodservice Industry...

Aramark Announces Two Strategic Acquisitions

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PHILADELPHIA, Pa — Aramark has entered into definitive agreements to acquire Avendra and AmeriPride. The acquisitions will strengthen the company’s competitive position across its...