Fresh Enterprises, LLC, a holding company for Baja Fresh Mexican Grill and La Salsa Fresh Mexican Grill, has been acquired by MTY Food Group, Inc. (TSX:MTY). The transaction closed October 5, 2016.
Duff & Phelps served as exclusive financial advisor to Fresh Enterprises in connection with the sale transaction.
About Fresh Enterprises
Fresh Enterprises currently franchises and operates 162 Baja Fresh Mexican Grill and 23 La Salsa Fresh Mexican Grill restaurants in the United States and globally. Fresh Enterprises is headquartered in Irvine, California. Greenberg Traurig, LLP served as legal advisor to Fresh Enterprises.
About MTY Food Group
MTY is the franchisor and operator of over 5,000 restaurants, operating in 15 countries around the world. MTY is among the leaders in the North American quick service restaurant industry, with almost 60 brands under its portfolio. MTY is headquartered in Saint-Laurent, Quebec, Canada.