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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,...

Chick-fil-A Planning Canadian Expansion

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TORONTO — Chick-fil-A has announced plans for continued expansion in Ontario. New locations are slated to open in Kitchener, Ont. and the Toronto communities...

General Assembly Pizza Expands Pizza-Subscription Service

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TORONTO — General Assembly Pizza (GA Pizza) has expanded its direct-to-consumer frozen-pizza subscription further into Southwestern Ontario to include Wellington, Guelph, Cambridge, Kitchener, Waterloo,...

General Assembly Pizza Closes Oversubscribed Series-A Financing Round

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TORONTO — General Assembly Holdings Limited (GA Pizza) has closed an oversubscribed $13-million Series-A financing round, far exceeding its $3.5-million target. Gravitas Securities Inc. led...

McCain Invests in Fiddlehead Technology

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TORONTO — McCain Foods Limited has acquired a significant minority share of New Brunswick-based data science company Fiddlehead Technology. As a result of this...

Gong Cha Plans Continued Expansion

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BOSTON — Taiwanese bubble-tea brand Gong cha continued its rapid expansion in 2020, opening new locations in multiple markets amid the year’s challenging economic...

Facedrive Foods Launches in Scarborough

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TORONTO — Facedrive Inc. has expanded its Facedrive Foods delivery service to Scarborough, Ont., marking the 19th city in which the platform operates. “At Facedrive...

ChickQueen Expanding to Canada

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MISSISSAUGA, Ont. — Chicken chain ChickQueen is set to open its first Canadian location in Mississauga, Ont. The fully halal international chain is part of...

Jollibee Planning Nine New Canadian Locations

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WEST COVINA, Calif. — Jollibee has set its sights on adding 28 locations to its North-American network in 2021 — 19 in the U.S....

King Street Company Inc. Secures Creditor Protection Under the CCAA

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TORONTO — King Street Company Inc. (The King Street Food Company), the multi-brand hospitality group based in Toronto, along with certain affiliates and subsidiaries...