Happy Belly Food Group Inc. completes acquisition of IQ Foods Co. to consolidate emerging brands within the premium healthy and clean eating sector
Acquiring Company
Happy Belly Food Group
Acquired Company
IQ Foods
Description
Happy Belly Food Group Inc., a leading consolidator of emerging food brands, has acquired 100% of beloved Toronto-based QSR brand IQ Foods Co. This strategic acquisition represents Happy Belly's first steps in executing the next phase of its business strategy by consolidating emerging brands within sectors, in addition to developing emerging brands. IQ Foods Co. represents the largest single acquisition of corporate-owned stores that Happy Belly has made to date, strategically situated in urban and central business districts and expanding into catering services.
Quick answer
Happy Belly Food Group is acquiring IQ Foods, announced September 6, 2024. Happy Belly Food Group is based in Vancouver, British Columbia, Canada.
- How much did Happy Belly Food Group pay for IQ Foods?
- The deal value was not disclosed.
- What does Happy Belly Food Group do?
- Happy Belly Food Group Inc. is a leading consolidator of emerging food brands, focused on the development and growth of emerging brands in the food sector.
- Where are Happy Belly Food Group and IQ Foods based?
- Happy Belly Food Group is based in Vancouver, British Columbia, Canada. IQ Foods is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Happy Belly Food Group?
- Fundz holds 1 contact at Happy Belly Food Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Food and Beverage and Food and Beverage
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- Whitsons Culinary Group completes acquisition of Arbor Management, Inc. to enhance culinary services (August 12, 2024)
- Darden Restaurants Completes Acquisition of Chuy's Holdings, Inc. to Expand Restaurant Portfolio (October 11, 2024)
- Fabric acquires TeamHealth VirtualCare to enhance virtual healthcare services (September 17, 2024)
- Buyers Edge Platform completes acquisition of My Purchasing Partner in the UK to expand Digital Procurement Network (September 10, 2024)
- Bikaji Foods acquires 55% stake in Ariba Foods to enhance frozen food production capabilities (August 23, 2024)
- Monroe Capital supports Medusind Solutions Inc.'s acquisitions of Billing Solutions, LLC and edgeMED Healthcare (August 14, 2024)
Who to call at Happy Belly Food Group, and when
When Happy Belly Food Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Happy Belly Food Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Happy Belly Food Group, from your own LinkedIn network
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Frequently asked
Who acquired IQ Foods?
IQ Foods was acquired by Happy Belly Food Group, based in Vancouver. The deal was reported on September 6, 2024. Happy Belly Food Group Inc. is a leading consolidator of emerging food brands, focused on the development and growth of emerging brands in the food sector. Happy Belly Food Group is privately held and operates in Food and Beverage.
When did Happy Belly Food Group acquire IQ Foods?
Happy Belly Food Group's acquisition of IQ Foods was reported on September 6, 2024. Happy Belly Food Group Inc., a leading consolidator of emerging food brands, has acquired 100% of beloved Toronto-based QSR brand IQ Foods Co. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does IQ Foods do?
IQ Foods Co. is a beloved Toronto-based QSR brand offering a variety of delicious, wholesome options like healthy bowls, smoothies, sandwiches, soups, and salads, along with other flavorful clean-eating dishes. It is privately held, operating in Food and Beverage, and is based in Toronto.
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