About This Deal
Brinker International acquired 11 Chili's restaurants (Alberta, Canada) for $24.6 million, a transaction announced in June 2013.
Brinker bought back 11 franchised Chili's restaurants in Alberta, Canada from an existing franchisee to pursue direct company-owned growth of the Chili's brand in the Canadian market.
Brinker bought back 11 franchised Chili's restaurants in Alberta, Canada from an existing franchisee to pursue direct company-owned growth of the Chili's brand in the Canadian market.
Deal Terms
Acquirer
Brinker International
Target
11 Chili's restaurants (Alberta, Canada)
Value
$24.6 million
Date
June 2013
Type
Full acquisition
Status
Completed
Transaction Details
Announced
June 1, 2013
In Their Words
On June 1, 2013, we completed the acquisition of 11 Chili's restaurants in Alberta, Canada from an existing franchisee for $24.6 million in cash.
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
Press release ↗
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