Happy Belly Food Group Acquires IQ Foods Co.
September 6, 2024
Happy Belly Food Group Inc. has acquired 100% of Toronto-based QSR brand IQ Foods Co., including all four of its downtown Toronto locations. The acquisition expands Happy Belly's healthy/clean-eating platform, adding an estimated $4.0M in system sales and supporting the company's strategy of consolidating emerging food brands and growing its franchising footprint.
- Buyers
- Happy Belly Food Group Inc.
- Targets
- IQ Foods Co.
- Platforms
- Happy Belly Food Group Inc.
- Industry
- Restaurants & Hospitality
- Location
- Ontario, Canada
- Transaction Type
- Addon
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