Quick Serve Enterprises Inc. Announces Acquisition by YCD Inc. and $75 Million Investment CommitmentTORONTO, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Quick Serve Enterprises Inc. (“QSR Enterprises”), a leader in the Canadian quick-service restaurant (QSR) sector, is pleased to announce its acquisition by YCD Inc., a global hospitality and franchise conglomerate. The transaction provides YCD Inc. with a controlling interest in QSR Enterprises. As part of the acquisition, YCD Inc. has committed to investing $75 million to accelerate franchise acquisitions and growth initiatives.
QSR Enterprises Announces Launch of Toronto-Based Investor-Backed Platform to Acquire and Manage Franchise Businesses in CanadaTORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- A group of private investors based in Toronto has announced the launch of QSR Enterprises, a private equity-backed platform dedicated to acquiring and managing franchise businesses across Canada. This platform is positioned to reshape the quick-service restaurant (QSR) landscape by providing franchise operators with the financial and operational resources needed to achieve long-term growth and success.
