Oaktree and JHR-backed Foodtastic acquires Au Coq
Foodtastic Inc has acquired Les Rotisseries Au Coq, a Montréal-based specialist in delivery and carry-out rotisserie style chicken. No financial terms were disclosed. Au Coq was established in 1960 by the Benny family. Foodtastic, a Montréal-based franchisor of restaurant concepts, said the deal is in line with a strategy of acquiring local brands with growth potential that complement its existing portfolio. Au Coq is Foodtastic’s second acquisition since it secured a $47 million investment in November from Restaurant Royalty Partners, a joint venture of Oaktree Capital Management and JHR Capital.
16 January 2019•2 mins read
