Capital Canada Limited acted as financial advisor to Sweet Jesus in connection with sale to International Franchising Inc.

TORONTO – December 5, 2018. Sweet Jesus, the popular ice cream and dessert brand specializing in hand-crafted, chef-inspired, “pimped out” soft-serve ice cream creations, has been acquired by International Franchising Inc., an affiliate of Serruya Private Equity, one of the largest global frozen dessert companies with several of the world’s most iconic frozen dessert brands, including Yogen Früz®; Pinkberry® and Swensen’s® Ice Cream (www.swensens.com), with a combined total of over 1,400 units in over 47 countries.

Sweet Jesus was founded in Toronto in 2015 by restaurant group Monarch & Misfits and is now one of the fastest-growing ice cream concepts with 20 locations in Canada, the US and in the Middle East. Capital Canada Limited acted as financial advisor to Sweet Jesus.

Aaron Serruya, CEO of International Franchising Inc., said, “Sweet Jesus is a powerful brand with a rich social media following that resonates especially with millennials. With this transaction, International Franchising Inc. is adding a brand that has a distinctive position within a compelling segment and strong U.S. and international prospects for growth. We look forward to taking an already very strong brand and accelerating its pace of growth and opening new units in Canada, the U.S., and around the world. As Sweet Jesus becomes part of the International Franchising Inc. family, we believe we can deliver growth and opportunities for all of our stakeholders, including our valued employees and franchisees.”

Jeff Young, former Chief Development Officer of Sweet Jesus and newly appointed President of Sweet Jesus, with International Franchising Inc., said, “I am proud of the results the Sweet Jesus team has achieved since its inception, by delighting guests with hand crafted, chef inspired pimped out soft serve treats. The Serruya Family are industry leaders in the frozen dessert category and have recognized the opportunity for exceptional unit growth in the future, particularly in the U.S. and around the world. The outlook of the Sweet Jesus brand has never looked brighter and this transaction will deliver immediate and certain value to all Sweet Jesus shareholders.”

About Capital Canada Limited

Established in 1975, Capital Canada Limited is a mid-market independent investment banking firm which provides expert, financial advice to corporations and entrepreneurs in Canada and abroad.  Capital Canada’s focus is in the private capital markets, providing investment banking services including mergers and acquisitions, private placements, financial restructuring, and general financial advisory services including fairness opinions.  Capital Canada’s dedicated professionals provide hands-on, personalized attention in order to achieve the optimal outcome for the client. For more information, visit www.capitalcanada.com.

Capital Canada Limited facilitated an equity investment in LesserEvil by InvestEco Capital.

TORONTO – November 28, 2018. LesserEvil LLC (“LesserEvil”), a leading producer of premium organic popcorn, chips and puffs, has received an investment from InvestEco Capital Corp., a Canadian private equity firm focused on investing in expansion-stage companies in North America that promote health and sustainability in the food and agricultural sector.

LesserEvil will use the proceeds to significantly expand production capacity at its facility in Danbury, Connecticut, launch more innovative product lines and focus more heavily on sales and marketing.

About Capital Canada Limited

Established in 1975, Capital Canada Limited is a mid-market independent investment banking firm which provides expert, financial advice to corporations and entrepreneurs in Canada and abroad. Capital Canada’s focus is in the private capital markets, providing investment banking services including mergers and acquisitions, private placements, financial restructuring, and general financial advisory services including fairness opinions. Capital Canada’s dedicated professionals provide hands-on, personalized attention in order to achieve the optimal outcome for the client. For more information, visit www.capitalcanada.com.

Capital Canada Limited acted as financial advisor to Famoso Neapolitan Pizzeria in connection with sale to FDF Restaurant Brandz.

FDF Brandz completes the acquisition of Famoso Neapolitan Pizzeria

BURNABY, B.C. – June 5, 2018. Famoso Neapolitan Pizzeria (“Famoso”), a Canadian full-service pizza chain consisting of 30 locations in Alberta, B.C., Ontario and Saskatchewan, has been acquired by FDF Restaurant Brandz (“FDF Brandz”), a leading privately-held franchising company of brands such as Ricky’s All Day Grill, Ricky’s Country, Ricky’s hotel partners, and Ricky’s Cafés, as well as Fatbuger locations. Capital Canada Limited (“Capital Canada”) acted as financial advisor to Famoso.

We are delighted to bring the popular Famoso chain into the fold and welcome the franchise owners of these neighbourhood pizzerias known for using authentic ingredients and processes to create flavorful Neapolitan pizzas and other tasty choices,” said Frank Di Benedetto, CEO and owner of FDF Brandz. He sees significant growth potential in the successful chain that was started by three young restaurant entrepreneurs – Justin Lussier, Jason Allard and Chris Bullock – and is confident that the time is right for FDF Brandz to bring its management franchising experience to take the chain to a new and higher level.

Jack and Capital Canada’s restaurant transaction experience and industry relationships were an invaluable resource throughout the entire process and we were very happy with their hard work, patience and persistence on this transaction.” – Justin Lussier, CEO, Famoso Neapolitan Pizzeria

Having an experienced firm like Capital Canada involved as Famoso’s advisor enabled an efficient and professional negotiation process and a smooth closing of the transaction.” – Frank Di Benedetto, CEO, FDF Restaurant Brandz

About Capital Canada Limited

Established in 1975, Capital Canada Limited is a mid-market independent investment banking firm which provides expert, financial advice to corporations and entrepreneurs in Canada and abroad. Capital Canada’s focus is in the private capital markets, providing investment banking services including mergers and acquisitions, private placements, financial restructuring, and general financial advisory services including fairness opinions. Led by President and CEO Robert J. Foster, Capital Canada’s dedicated professionals provide hands-on, personalized attention in order to achieve the optimal outcome for the client. For more information, visit www.capitalcanada.com