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M&A Activity is on the Rise in Canada

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The last few years have been busy in terms of M&A activity in foodservice. As deals get significantly larger, however, key players are narrowing...

Cara Announces Appointment of Frank Hennessey as CEO

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VAUGHAN — Frank Hennessey is the new CEO of Cara Operations Limited. Bill Gregson will take on the role of Executive Chairman of the...

MTY Provides Update on Pending Acquisition of Imvescor

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MONTREAL — Imvescor Restaurant Group (IRG) recently held a special meeting of its shareholders to vote on the company’s pending combination with MTY Food...

Imvescor’s Brand Revitalization Continues in 2017

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OAKVILLE, Ont. — Imvescor Restaurant Group opened its first redesigned Bâton Rouge Steakhouse & Bar in late 2016 as the prototype for further openings...

Imvescor Unveils New Brand Image for Trattoria di Mikes

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MONTREAL — Imvescor Restaurant Group Inc., is launching a new brand image and logo for its Mikes restaurants chain, ahead of the brand’s 50th...

Imvescor Posts Uptick in Same-store Sales During Reno Program

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MONCTON — A new strategic plan is helping Imvescor Restaurant Group achieve higher same-store sales while revamping its stores across Atlantic Canada, Ontario and...

Imvescor to Invest $5.5M in Its Restaurants

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MONTREAL — Imvescor Restaurant Group Inc. is unveiling a road map for growth and transformation during the next three years. "With our strategic plan, we are...

Frank Hennessey Named CEO of Imvescor; Company Releases Q3 Results

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MONCTON, N.B. — Imvescor Restaurant Group has named a new CEO in time for the release of its third-quarter earnings, which disclosed total revenues...

Imvescor Reveals Fourth-Quarter Results and Announces New CEO

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MONCTON, N.B. — Imvescor Restaurant Group has released its quarterly report, and while its same-store sales were down, the company has increased its supply...

Imvescor Acquires Commensal Manufacturing Facility

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MONCTON, N.B. — Imvescor Restaurant Group has signed a $4.2-million deal to acquire a manufacturing facility owned by Commensal, which will be used to...