Acquiring Company
Restaurant Brands International
Acquired Company
Carrols Restaurant Group
Toronto
SyracuseFood and BeverageHospitalityRestaurantsDescription
Restaurant Brands International has settled a lawsuit regarding its acquisition of Carrols Restaurant Group for $18.2 million. This acquisition, valued at approximately $1 billion, faced legal challenges from investors who alleged undue pressure on Carrols during the sale. The settlement comes amid Restaurant Brands' efforts to remodel its franchises and restructure operations. The company aims to enhance its competitive position in the fast-food industry.
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Based on deal dataFrequently asked
Who acquired Carrols Restaurant Group?
Carrols Restaurant Group was acquired by Restaurant Brands International, based in Toronto. The deal was reported on September 16, 2026. Restaurant Brands International Inc. (RBI) is a multinational fast food holding company. The Company's portfolio includes the Burger King, Popeyes, and Tim Hortons brands. Restaurant Brands International is publicly traded (QSR) and operates in Food and Beverage.
When did Restaurant Brands International acquire Carrols Restaurant Group?
Restaurant Brands International's acquisition of Carrols Restaurant Group was reported on September 16, 2026. Restaurant Brands International has settled a lawsuit regarding its acquisition of Carrols Restaurant Group for $18.2 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Carrols Restaurant Group do?
Carrols Restaurant Group, Inc. is the largest Burger King franchisee in the United States, operating 1,022 Burger King restaurants in 23 states and 60 Popeyes restaurants in six states. It is privately held, operating in Restaurants, and is based in Syracuse.
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