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