Dream Hospitality Group to acquire Industria Pizzeria + Bar and Houston Avenue Bar & Grill
By Canadian PizzaNews Business and Operations
Mississauga, Ont. – CWB Franchise Finance has provided a loan facility to Dream Hospitality Group Inc. to acquire all outstanding shares in Houston Avenue Bar & Grill in Quebec and Industria Pizzeria + Bar in Ontario from MTY Food Group.
Dream Hospitality’s new partnership with CWB, a CWB Financial Group partner company, will facilitate CWB’s ambition to acquire and consolidate restaurant brands that compliment their expansion objectives, the company said in a news release.
“A strong and enduring relationship with Dream Hospitality led us to the moment that we could enable a valuable new growth opportunity for their business,” says Dimitri Mazur, Sr. Manager, Restaurants, CWB Franchise Finance.
“This is an exciting expansion opportunity for Dream Hospitality,” said Raimondo Messina, CFO and president of Dream Hospitality. “CWB has proven to be a committed partner in our business and we appreciate their expertise and connections throughout Canada’s restaurant industry.”
Print this page