
Foodtastic makes aggressive $702M bid to acquire MTY Group, as CEO exits
Canadian franchisor Foodtastic Inc. made a $702M bid to acquire MTY Group, which operates over 80 brands with nearly 7,000 units worldwide.
MTY Group is a company in Burnaze's franchise knowledge graph, mentioned since 2024. 11 stories link here, each summarized from the original publisher. Filed under Restaurants.

Canadian franchisor Foodtastic Inc. made a $702M bid to acquire MTY Group, which operates over 80 brands with nearly 7,000 units worldwide.

Foodtastic makes a $700M bid to acquire MTY Group, which operates over 80 brands with nearly 7,000 units worldwide.

This is from the weekly restaurant finance newsletter The Bottom Line.

MTY Group ends strategic review, focuses on growth and refranchising

MTY Group has spent its history buying up brands, and in the process built up a portfolio of more than 80 brands, including notable U.S.

The take-and-bake pizza chain will open three such restaurants, which are expected to provide franchisees with additional revenue streams and dayparts.

Jersey Mike’s Confirms IPO Plans While Franchises Expand Use of Artificial Intelligence Wingstop’s addition of 382 locations in 2025 made it the fastest-growing U.S. restaurant bra

This move is part of a performance review of the parent company’s owned portfolio that identified 68 underperforming locations across multiple brands.

Wetzel's and Cold Stone partner for co-branded units, aiming for 17 new locations this year

Wetzel’s Pretzels and Cold Stone Creamery are accelerating their co-branding strategy with plans to open at least 17 joint units across multiple states in 2026.

Thai Express has 300+ locations with a $350,400 to $794,500 investment range.