Newlook Capital, Seth acquire La Prep Franchise System
Canadian private equity firm Newlook Capital has partnered with Seth Corp in the acquisition of the La Prep Franchise System, the franchise system of La Prep, a Montréal-based bistro-style restaurant specializing in freshly prepared sandwiches, salads, baked goods and specialty coffees. Financial terms were not disclosed for the deal, which includes La Prep's Ontario Master Franchise and all 52 franchised Canadian locations, as well as Seth's brand, Chaska Indian Street Food. Newlook's investment, made through New Taste Partners, will support La Prep's and Chaska's pursuit of new opportunities in the quick service restaurant sector.
2 November 2017•2 mins read
